BP: Tony Hayward Not Resigning

A spokesperson at BP's headquarters in London says any rumors of CEO Tony Hayward's pending resignation are false.

Hayward is under mounting pressure to step aside, most recently from Sen. Richard Shelby, R-Ala., who said Sunday on CBS' "Face the Nation" that the oil company boss "should go".

Special Section: Disaster in the Gulf

Shelby said Sunday the fact that Hayward attended a yacht race over the weekend reflects his "gall" and "arrogance," and illustrates why he should not be in charge of the company.

"I thought that was the height, height of stupidity, and I believe myself that he should go," Shelby told Bob Schieffer. "I don't know how he can represent a company in crisis like BP and ignore what's going on in the Gulf of Mexico."

Hayward is to hand over day-to-day operations involving the oil spill cleanup in the Gulf to Bob Dudley, a BP managing director who has helped manage the company's on-the-ground response since May.

BP has said that change was planned prior to the intense criticism of Hawyard over his comments and actions deemed insensitive to the Gulf residents suffering the spill's effects.

More on the oil spill:

Oil Rig Worker: Blowout Preventer was Leaking
Relief Well Drilling "Business as Usual"
Nations Rethink Drilling Due to BP Spill
Oil Spill Taking a Toll on Fla. Tourism
BP's Worst-Case Estimate Was 4.2M Gallons a Day
Shelby: Hayward Must Go
Ken Feinberg: Oil Spill "Pay Czar"

[joester88]

No-one seems to be taking this -- and other environmental disasters -- seriously enough. How about we do something big and bold? Just like genocide, let's make ecocide an international crime http://www.facebook.com/Ecocide

[SharonMcEachern]

And what do you suppose Mr. Arrogant would say about another PR gaffe -- the hookers sent in to entertain the beach cleanup crews. The prostitutes are already on Elmer's Isalnd and reportedly charging $200 to guys who have lots of overtime pay (once they actually receive it from ever-so-slow BP) and are living in converted 18-wheelers. Can you spell B-O-R-E-D and W-I-L-L-I-N-G ? Ethic Soup has a post on this at:

http://www.ethicsoup.com/2010/06/dirt-on-bp-cleanup-hookers-arrive-for-cleanup-crews-.html

[Android_Early_Adopter]

I knew if I checked the MSM, I'd find the hitline:

"Shelby said Sunday the fact that Hayward attended a yacht race over the weekend reflects his "gall" and "arrogance," and illustrates why he should not be in charge of the company."

But of course there's no mention of what our President was doing. For that: http://thehill.com/blogs/blog-briefing-room/news/104313-obama-hits-golf-course-with-biden-on-another-hot-humid-weekend

Short answer. Going to the White Sox at the Nationals, watching World Cup, and playing golf on Saturday (during the aforementioned yacht race).

[JeffSmith2009]

I said it before and I will say it again..Tony Hayward is the scum of the earth!

[pjk12354]

OK. So you get Tony hayward to resign. What does it prove?..Nothing.
You get rid of one arrogant SOB and replace him with another arrogant SOB............and oil continues to spill in the Gulf............

[porcine_aviator]

No, you replace a stupid, ignorant SOB with someone who actually has a brain. It's not that hard, really. But the boards of most public companies are filled with people that only want to lard themselves up with perks. Investors don't demand better, the regulators don't demand better, and the public won't demand beter. Why? Because people like you keep making excuses and rationalizing incompetence.

[45ford]

BPs arrogance and nightmare pr campaign continues. These days, it is as if they are flipping the bird to anyone and everyone throughout the world.

[cleric60]

He is doing what wealthy people naturally do--have a good time while his USA neighbors are swimming in oil..You can't expect a wealthy CEO to really care or be concerned about the "little people." I just wonder if Tony inherited his wealthy or married into it?
Let's all remember it's MONEY that makes the world go around.

[porcine_aviator]

At this point, anyone foolish enough to hold onto their shares of BP deserves what's coming.

If there was even a shred of doubt before that the entire management of BP is stupid and incompetent beyond all measure, it's gone now.

Then again, look around, the vast majority of corporate america has the same level of intelligence and competence as a Soviet factory manager.

We are looking at what happens when an entire society becomes too big to succeed. Banks are too big, corporations are too big, government is too big, heck even WE are too big (obesity). It's time to get off your @ss america and pare your institutions back from dysfunction.

[FauxNews]

He's waiting for the mega-millions severance package.

[Leaderless]

Hayward will resign right after barack..........