Posted on July - 25 - 2010
BP’s oil spill buffoon CEO could be gone by this week
Don’t let the door hit you on the way out.
Oil spill-tainted BP chief exec Tony Hayward is negotiating his exit from the company and could be gone in a matter of days.
The board of the British oil giant has decided that Hayward needs to go for his woeful mishandling of the disastrous oil spill in the Gulf of Mexico and is negotiating his severance package.
“The details are being worked out,” a source said Sunday.
An announcement is expected sometime before the company announces its second-quarter earnings on Tuesday.
Dubbed the “most hated – and clueless – man in America,” Hayward became a lightning rod for public outrage for saying he “wanted his life back” and going yachting while the colossal environmental disaster spiraled out of control.
Ships returned to work in the Gulf Sunday to plug the massive underwater oil leak after Tropical Storm Bonnie fizzled.
Engineers were trying to get as much work done as quickly as possible before another storm approaches.
“We’re going to be playing a cat-and-mouse game for the remainder of the hurricane season,” said retired Coast Guard Admiral Thad Allen, the federal government’s point man for the spill.
With News Wire Services
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