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Thursday 24th of July 2014
21/7/2010

BP’s Tony Hayward will not be resigning

Story link: BP’s Tony Hayward will not be resigning by Kay Murchie
BP’s Tony Hayward will not be resigning

BP’s chief executive, Tony Hayward, will not be stepping down from the oil giant – despite a newspaper claim that he would be departing in the next 10 weeks.

A spokesperson for the company said: “He [Tony Hayward] has full support from the board and will remain in place.”

Fifty-three-year-old Hayward has faced severe criticism for the way he has handled the major oil leak and made an insensitive comment in May after saying “I want my life back”.

His comments came after the explosion on the BP oil rig on 20 April took the lives of 11 people. The explosion led to thousands of barrels of oil leaking from the damaged well.

Just a few weeks after, Mr Hayward faced fresh criticism for attending a yachting event on the Isle of Wight.

He took time out from the ongoing Gulf of Mexico oil leak to go sailing with his son at the JP Morgan Asset Management Round The Island Race last month.

As a result, Mr Hayward has come under increasing pressure to resign.

The news comes just a few days after it emerged there was seepage near the damaged well – despite tests revealing that a sealing cap had been successful in stopping the flow of oil.

 

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