Monday, July 26, 2010

Dumping Hayward


Tony Hayward, top dog at BP is expected to get the axe, today. BP's board of directors will decide his immediate future. They are expected to name Bob Dudley, the U.S. managing director, as his replacement.
Hayward is expected to receive $23 million in salary buy outs, pension and stock. We all have our price? I'm wondering about the timing of all this. Hayward did his job. Spilling four million gallons of crude oil in the Gulf of Mexico is nothing to be proud of, but he basically did his job. His choices of words may have been a little too "direct." He also could have skipped the yacht race which some us thought was a little to "cavalier" on his part. Playing a round of golf with Obama would have been a better choice.

If Hayward is feeling bitter, his revenge could be as simple as writing a book.
Or maybe, he can send a copy of his resume to Exxon-Mobil?