Departure From BP
Following the oil spill, there were rumours that Hayward would resign, but the company dismissed these. A BBC report said that a BP press release stated that Hayward "has the full confidence of the Board of Directors of BP."
BP announced on 27 July 2010 that Hayward would be replaced by Bob Dudley as the company's chief executive effective as of 1 October 2010.
Read more about this topic: Tony Hayward
Famous quotes containing the words departure from and/or departure:
“The myths have always condemned those who “looked back.” Condemned them, whatever the paradise may have been which they were leaving. Hence this shadow over each departure from your decision.”
—Dag Hammarskjöld (1905–1961)
“Nature seemed to have adorned herself for our departure with a profusion of fringes and curls, mingled with the bright tints of flowers, reflected in the water. But we missed the white water-lily, which is the queen of river flowers, its reign being over for this season.... Many of this species inhabit our Concord water.”
—Henry David Thoreau (1817–1862)