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Friday, June 18, 2010

BP Chairman Speaks

 

Breaking News

5:46pm UK, Friday June 18, 2010

Exclusive: BP Chairman Talks To Sky


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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30 Years of experience in the markets, including some time as a broker.