Hayward Role at TNK-BP?

By The Moscow Times

July 26, 2010

LONDON — BP chief executive Tony Hayward is to be nominated for a board position at TNK-BP when he steps down from his current role, Sky News reported Monday, citing sources.

TNK-BP declined to comment on the Sky News report. BP is expected to install American Bob Dudley as CEO, sources close to the company said, replacing Hayward, who has come under fire for his gaffe-prone handling of the worst oil spill in U.S. history.

Dudley, the U.S. executive managing the response operation to the spill in the Gulf of Mexico, is poised to get the top job in the next 24 hours, a move that could soften U.S. criticism of the British oil major. Dudley was ousted as CEO of TNK-BP during a dispute with Russian shareholders in 2008.

(Reuters)

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