With BP poised to announce the departure of chief executive, Tony Hayward, Ed Crooks, the FT’s energy editor, talks to Daniel Garrahan about how tainted Mr Hayward’s legacy will be by the disaster in the Gulf of Mexico and what impact the oil spill will have on BP’s second quarter results on Tuesday.
Bob Dudley, BP’s 54-year old Mississippi-raised managing director for the Americas and Asia, looks likely to take over from Tony Hayward as chief executive.
Mr Hayward lost the confidence of the US people and politicians after facing criticism for his handling of the explosion at the Deepwater Horizon rig and ensuing gusher, and his series of unfortunate public statements made matters worse.
- Chavez threatens to cut off oil supplied to US
- Allen says change in BP leadership won’t affect spill response
- Activists frustrated at Obama’s environmental record
- Disabled oil rig alarm points to human failures in Gulf oil spill