Tony Hayward To Hand Over Day-To-Day Gulf Operations

From Sky News. Presumably someone else at the firm knows how to handle the world's biggest environmental catastrophe better than the current CEO. We can't wait to see what "upside" case studies develop as a result of a token regime change.

From Sky News:

BP's chairman Carl-Henric Svanberg has told Sky's Jeff Randall that embattled chief executive Tony Hayward is to have a changed role in dealing with the oil spill.

Asked by Randall about Mr Hayward's ongoing role, Mr Svanberg said: "He is now handing over the operation to Bob Dudley."

Mr Dudley is the managing director of the oil giant.

Mr Svanberg also told Randall that comments by Mr Hayward have had detrimental effects as the company seeks to control the fallout from the disaster.

"It is clear Tony has made remarks that have upset people," Mr Svanberg said.

Mr Svanberg admitted that the disaster is turning from an industrial accident into a much broader concern and he will now expand his own involvement.

"This has now turned into a reputation matter, financial and political and that is why you will now see more of me," Mr Svanberg.

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