BBC - Peston's Picks: Hayward's departure: 'Not if, but when'
Quote(Tony Hayward looks like a dead chief executive walking.
Having spoken to those at the top of BP, none can come up with a scenario in which Mr Hayward stays at the helm of the bedraggled oil company longer than the proper capping of the leaking well and some kind of quantification of the financial damage.)
From the first moment Mr. Hayward appeared on our TV screens it was fairly obvious that he was going to be the fall guy.
I believe that BP will hold onto him until such time as the spill is sealed and the clean up is well under way, in other words until all the BAD PR about BP decreases to more manageable levels.
Mr. Hayward must know all this, what puzzles me is he continues to put his foot (nay, both feet) in his mouth almost every day, he must realize that his chances of gainful employment by any Company after his abysmal showing during this disaster are severely diminished.
Perhaps he reasons his payoff from BP will sustain him.