BP replaces CEO Hayward, reports $17 billion loss
Date: 2010-07-27T09:22:29.013
Author: AAA Staff
Editor note: LONDON—American Robert Dudley will become BP PLC's first ever non-British chief executive, the company said Tuesday as it reported a record quarterly loss and set aside $32.2 billion to cover costs of the devastating Gulf of Mexico oil spill.
Ending weeks of speculation, BP confirmed that gaffe-prone Tony Hayward will step down Oct. 1 as the London-based company seeks to reassure both the public and investors that it is learning lessons from the spill.
"BP will change as a result of this
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View original artilce: http://www.boston.com/business/articles/2010/07/27/new_bp_chief_priority_is_plugging_well_for_good/?p1=News_links
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