Dear Tony Hayward: You Do Not Have Your Life Back
BP Chief Executive Tony Hayward sits aboard his yacht Bob, during the JP Morgan Asset Management Round the Island Race circumnavigating the Isle of Wight, Saturday, June 19, 2010.
/ AP/Chris Ison, PAFollowing your rope-a-dope, evasive testimony during a House Committee on Energy and Commerce subcommittee hearing on Thursday, you have offered the public more insight into your character and the wisdom (sic) of your public relations advisors.
Understandably, after 60 days of dealing with the worst environmental disaster in American history (which continues to ravage the Gulf Coast's economy), the death of 11 rig workers, and the downward spiral of your company's assets and reputation, as well as having the U.S. government after your hide, you want to take a break, get a bit of your life back.
Fine. Watch the World Cup. Spend time with your family. Have a barbecue.
But don't participate in a yacht race on your 52-foot craft bought with oil money. It just sends the wrong message to the "small" people whose livelihoods have been wrecked by the millions of gallons of crude still leaking from your company's damaged well head.
Remember what your chairman of the board, Carl-Henric Svanberg, said to reporters in Washington on Wednesday:
"I hear comments sometimes that large oil companies are greedy companies or don't care, but that is not the case with BP. We care about the small people."
Special Section: Disaster in the Gulf
Svanberg later apologized, offering that he spoke "clumsily." But your apologies are becoming increasingly hollow as you demonstrate a kind of arrogance, or tone-deafness, in your actions.
As Rep. Waxman admonished you during your testimony, "You're not taking responsibility, Mr. Hayward. ... You're kicking the can down the road."
In handing over day-to-day operations for the oil spill response and cleanup to BP's managing director Bob Dudley, you may have been kicked down the road.
But make no mistake: You do not have your life back, and you won't until the leak is plugged, the people of the Gulf have been made whole, and the environment restored. Remember, the job of the CEO is to share the glory and shoulder the blame.
Sincerely,
Dan Farber
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I am truly sorry for the loss of the 11 lives that were tragically taken from this, but that too is the government's fault. Don't get me wrong, we need offshore drilling, but at a safer price. I don't agree with everything that Mr. Hayward has said and done but, he is only 1 man and he had every right to go and see his family this weekend no matter what he did while he was there. I stand behind him and I don't even know him and I live on the gulf coast.
Talk about fiddling while Rome burned. (Do these men even know the parable about Nero?) Tony Fiddling (yacht racing) while the gulf burns. (see photos of the Gulf of Mexico on fire)
An honest CEO should have resigned in face of such an incompetence.
Or, maybe the Board said him: you did the ****, now clean it!
Mr. Hayward is under no pressure whatsoever, precisely for the reasons you excoriate Mr. Farber.
He cannot be arrested by the US, as criminal negligence must be proven before England would arrest and extradite him. Hayward is fully aware of this.
The stock price of the company is dropping, not because of Hayward's obvious arrogance, but for the real reason of BPs near-term liability for the spill.
Not a single farthing of fines will come from Mr Hayward's pocket, and he also knows this.
Even in the possible-but-unlikely event he were to forgo his bonus for this year, he will still not miss one steak breakfast, and he knows this also.
There is no pressure for Mr. Hayward, so for you suckers defending him, it would be most entertaining to explain just what pressures there are to which you refer.
I hope you enjoy your next toxin-tainted seafood meals. Maybe some extra couscous will cover up the oily taste.
To Mr. Farber,
You fell for the sympathy play, Mr. Hayward never lost that "life" he claims to want back. Sure he put in a few extra hours at the office, but that in no way caused any loss of lifestyle.