How Would You Like To Have This Guy's New Job? Posted July 27, 2010 by Kyle West
I mean don't get me wrong, I am sure he is going to make a truckload of money, but talk about having to COMPLETELY restructure the way your company operates is likely facing this guy in the next year. Best of luck!
Meet the new boss: a lot like the old boss, except for the accent.
Confirming days of media leaks, BP Tuesday named 54-year-old American Robert Dudley to succeed its hapless British chief executive Tony Hayward and begin the long process of rebuilding the oil giant's image after one of the nation's worst environmental disasters.
BP has been here before. Hayward himself was named to succeed a predecessor who oversaw a series of safety lapses that culminated in a blast at a refinery in Texas City, Texas, that killed 15 people in 2005.
Now, Dudley will embark on the clean-up of a company saddled with huge liabilities, a broken corporate culture, strained government relations and a badly damaged brand.
Dudley has already developed a high profile as the most senior American manager involved in the Gulf cleanup. Just hours after being officially named the incoming CEO, Dudley was busy reassuring customers, shareholders, employees and retirees that cleaning up BP’s image is a top priority.
Tuesday's announcement virtually ends the a 30-year career for Hayward, who will become a non-executive director of BP’s Russian joint venture. He leaves the CEO job with a $1.6 million severance payout on top of a pension valued at $17 million, which will pay him close to $1 million a year.
Hayward, who formally will step down Oct. 1, took over as CEO less than three years ago, succeeding Lord John Browne, who oversaw a period of cost-cutting that coincided with a string of accidents and safety violations, including the Texas City explosion.
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Do you think Dudley can save BP?

