Tony Hayward To Step Down From Oil Spill Management In Surprise Move

08/04/2010 05:12 am ET | Updated May 25, 2011

Hayward said the clean-up business would be run separately by Dudley with his own staff but the finances and budget would come from the main BP group. The BP chief executive said the purpose of the split was to allow Dudley to concentrate on the Gulf problem while he and other directors were not distracted from keeping the main business on track.

Read more on The Guardian

Suggest a correction