- CNTV English - CCTV News

BP confirms Tony Hayward departure

07-27-2010 19:05 BJT

Watch Video

Play Video

BP has confirmed that Tony Hayward will step down as the company's CEO on October 1st. He will be succeeded by American Bob Dudley.

In a statement accompanying its earnings update on Tuesday, BP says the decision was made by "mutual agreement." BP also reports it has taken a pretax charge of 32.2 billion US dollars for the Gulf of Mexico oil spill, and plans to sell assets worth up to 30 billion US dollars over the next 18 months. The company says Dudley will be based in London when he takes up his appointment and will hand over his present duties in the United States to Lamar McKay - the chairman and president of BP America. Bob Dudley, will be the first non-British chief executive of BP.

BP has confirmed that Tony Hayward will step down as the company's CEO on October 1st. He will be succeeded by American Bob Dudley.
BP has confirmed that Tony Hayward will step down as the company's CEO 
on October 1st. He will be succeeded by American Bob Dudley.
(File Photo)

Editor:Zheng Limin |Source:

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