BP CEO Says He Will Stay, but Chairman May Be Fired

[Donnachaidh]

http://www.dailyfinance.com/story/company-news/bp-ceo-says-he-will-stay-but-chairman-may-be-fired/19505033/

BP (BP) CEO Tony Hayward says he will stay in his job. It's an odd claim.

Hayward told The Sunday Telegraph "the thought of stepping down 'had not crossed mind,' despite U.S. public hostility to his handling of the crisis." He also said that he wasn't concerned the he would end up in prison because of a criminal investigation into the spill being conducted by U.S. authorities.

Not His Decision

The decision to stay is obviously not Hayward's. Although Carl-Henric Svanberg, the huge oil company's chairman since June 2009, told investors that there was no plan to push Hayward out, his own job as head of BP's board may be in jeopardy, if calls for his head by some BP directors become the majority view.

The Sunday Independent reports that some BP directors want Svanberg "sacked because they claim his mishandling of the Gulf of Mexico disaster has turned a crisis into a catastrophe."

See full article from DailyFinance: http://srph.it/9FlUJf

[Cleita]

1. The whole board of directors and the upper management CO's should be

charged with negligent homicide and anything else they are guilty of, put on trial, have sentence passed on them and then be fired. On by a hearing and a trial will we be able to sort out the guilty from the not guilty. However, I feel none of them are not guilty.

[Turbineguy]

2. That's a bit like

impeaching Obama for Bush's screwups.

[blondeatlast]

3. I'd prefer they just get their pasty, sorry asses down to the Gulf and just start cleaning--

on a chain gang--til they drop. It would serve as a better lesson to the contemptible greedheads in other corporations than even prison time.

Almost forgot--with a camera on them 24/7.

[Whoa_Nelly]

4. and the severance pay for him will be...

fuck you,BP. All of you are slimier than the criminal muck polluting the Gulf and beyond.

[supernova]

5. Odd, usually it's the other way around

The board controls the CEO, not the CEO controlling the board.

[ladjf]

6. If what the CEO is saying is true, it proves that the "insane" are

running the asylum. nt

[Dappleganger]

7. No one really gives a shit. Just plug the damn hole already! nt

[lpbk2713]

8. Lee Raymond comes to mind.

Lee Raymond was the CEO of ExxonMobil who retired with the upwards of $400 Million retirement package when he retired at a time when the price of gas was close to its all time high and ExxonMobil was making their all time high profits. I have to wonder if the BP Directors will also receive an obscene Golden Parachute as a token of BP's gratitude for fucking up our planet?