BP to dump Hayward as CEO — only 3 years too late — but with immediate annual pension worth $900,000! - He's off to Siberia ... literally, switching jobs with Bob Dudley who headed Russian operations "before leaving in disgrace"

Tony Hayward, who became the face of BP's flailing efforts to contain the massive Gulf oil spill, will step down as chief executive in October and be offered a job with the company's joint venture in Russia, a person familiar with the matter said Monday.

Looks like BP reads Climate Progress after all (see "Time to fire BP CEO Tony Hayward).

Seriously, though, while Hayward tried to blame his predecessor and pretty much everybody else for this disaster — see Is BP the Goldman Sachs of Big Oil?...

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Published on July 26, 2010 12:09
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