CCTV.com - CNTV English - CCTV News

BP's new CEO to boost its public image

07-28-2010 14:01 BJT

Watch Video

Play Video

BP has announced that Tony Hayward will step down as the company's CEO, after wide criticism of his handling of the Gulf of Mexico oil spill. American Bob Dudley is set to take the CEO role in October.

After weeks of speculation, BP says embattled chief executive Tony Hayward will step down as head of the oil giant on October 1st.

His replacement will be Robert Dudley, the American BP executive currently in charge of the oil spill response. Dudley will become the first non-British chief executive of the company.

The shakeup comes after months of criticism over Hayward's handling of the Gulf of Mexico oil spill, the worst in U.S. history.

His handling of the disaster was marked by highly publicized comments, which outraged many.

Tony Hayward, BP CEO said "We're sorry for the massive disruption it has caused to their lives. There's no one who wants this thing more over than I do. You know, I'd like my life back."

Bob Dudley will take the helm of BP on October 1st.

Bob Dudley, New BP CEO said "I've spent the last three months on the Gulf coast and I'm going to focus for the next month-and-a-half on what we're doing in the Gulf coast, our relationships to the Gulf coast and Washington."

BP hopes Dudley will improve public opinion of the company, especially in the United States.

Market analyst Greg Smith says the oil major has a lot of work to do, to repair its image.

Greg Smith, Managing Director of Fat Prophets said "Perhaps the appointment of Robert Dudley is going to answer those calls for an American. But certainly time to move on, and the change in management is just the first step on a long road to recovery for BP."

As the new CEO appeared at BP headquarters, environmental campaigners Greenpeace protested outside BP petrol stations in London. The group says a change of leadership isn't enough, and that BP needs to reconsider the direction the company is taking.

Editor:Xiong Qu |Source: CNTV.CN

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program