Sources: Dudley to replace Hayward as BP chief

07/25/2010 | Wall Street Journal, The · Reuters

BP's board is expected to name Robert Dudley as its CEO, replacing Tony Hayward, who has been criticized for his management of the Gulf of Mexico oil spill, sources said. The appointment of Dudley, who leads BP's operations in the U.S., would mark the first time an American led the company. This comes as BP is set to report a significant second-quarter loss amid ongoing Gulf cleanup operations.

View Full Article in:

Wall Street Journal, The · Reuters

Published in Brief: