Dudley Set to Succeed Hayward at BP

Wall Street journal ^ | JULY 25, 2010, 1:44 P.M. ET | BRUCE ORWALL and MONICA LANGLEY

[Ernest_at_the_Beach]

BP PLC's board is set to name managing director Bob Dudley as the company's new chief executive if, as expected, the board on Monday approves the negotiated departure of current chief Tony Hayward, people familiar with the matter said.

The plan before the board would elevate Mr. Dudley to the CEO spot on Oct. 1, allowing for a roughly two-month transition from Mr. Hayward, according to someone familiar with the plan. Mr. Hayward would stay on the board for the rest of the year. As expected, he will discuss BP's second-quarter results on Tuesday.

[driftdiver]

I hope Dudley do right.

[Ernest_at_the_Beach]

Some very interesting Graphics available at the WSJ site....example...See:

Recipe for Disaster?

[norraad]

Just another exec-u-bot to marionette on stage until soiled.

[eleni121]

Whoever it is - he better tell the truth about the release of the Libyan terrorist.