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Click here to visit the new home of Politics Daily!Robert W. "Bob" Dudley's name and face don't ring a bell quite the way BP CEO Tony Hayward's do, and for a thoroughly embattled oil company trying to fix the gulf oil spill and win back some modicum of public trust, that's exactly the point. The oil giant announced today that Dudley, the company's diplomatic director of disaster operations, will take over the reins of the oil cleanup from Hayward, whose inept and callous response to the disaster has consistently embarrassed BP and earned him the moniker "the most hated man in America" (a title he took away from Sandra Bullock's soon-to-be ex, ...
(June 18) -- Summer is about to begin, and if recent news stories are any indication, it's going to be a long, hot one filled with viral videos, apologies and an unstoppable torrent of talk about the BP oil disaster. Those familiar themes ran together over and over again this week in on-camera performances by a variety of public figures. Let's review some of the sorriest. Rep. Bob 'Who Are You?' Etheridge North Carolina Democrat Bob Etheridge started the week by apologizing for roughing up a mysterious guy who approached him on a Washington street. A video of the incident -- shot by two ...
(June 18) -- The day after enduring a bruising session of questions and accusations on Capitol Hill, BP's gaffe-prone CEO, Tony Hayward, is taking a backseat in the oil giant's attempts to fix the gulf oil spill and its own tattered reputation. In an interview today with Sky News, BP Chairman Carl-Henric Svanberg said Hayward will be handing over control of day-to-day operations in the gulf spill to BP Managing Director Robert Dudley. Svanberg also admitted that Hayward's comments to the press in the aftermath of the Deepwater Horizon disaster -- which killed 11 people and sent crude ...
Top BP exec Tony Hayward will no longer oversee the company's day-to-day operations in the containment and cleanup efforts in massive gulf oil spill. Hayward will hand over the reins to Robert Dudley, BP's managing director. BP Chairman Carl-Henric Svanberg announced the change today in a rare interview about the crisis with Sky News. "It is clear Tony has made remarks that have upset people," Svanberg said. For Hayward, it has been a long 15 minutes of infamy. The British CEO has been the public face of an oil giant that has so far proved unable to stop the gushing well, and at times ...
He didn't really mean to say "small people" when referring to victims of the oil spill, you see, what he meant was: "BP understands how deeply this affects the lives of people who live along the Gulf and depend on it for their livelihood." BP Chairman Carl-Henric Svanberg backed away Thursday from remarks he made outside the White House on Wednesday after his executive team met with President Obama and pledged to set up a $20 billion compensation fund. Obama, Svanberg told reporters at the time, "is frustrated because he cares about the small people. And we care about the small people." ...
BP Chairman Carl-Henric Svanberg's "small people" gaffe yesterday was only the latest in a running series of verbal missteps that have kept the company constantly trying to regain balance since the start of the Gulf oil spill. To refresh your memory, Surge Desk has compiled a list of seven of those comments and statements. 1. Literally small people, like gnomes. Svanberg quickly apologized yesterday for his unfortunately rendered characterization of the oil spill's victims when he said, "I hear comments sometimes that large oil companies are greedy companies or don't care. But that is not the ...
(June 17) -- Apologies from BP are piling up. After meeting with President Barack Obama at the White House on Wednesday, the company's chairman tried to say he's sorry about the worst oil spill in American history, but instead made a gaffe that's angered Gulf Coast residents even more -- and prompted yet another apology. "We care about the small people," Carl-Henric Svanberg, who is Swedish, told reporters. "I hear comments sometimes that large oil companies are greedy companies or don't care. But that is not the case with BP. We care about the small people." The comment stoked ire among ...
As the five BP executives filed out of the West Wing of the White House following their meeting with President Obama on Wednesday, someone in the press corps began (softly) humming Darth Vader's Imperial Death March theme from "Star Wars." If BP CEO Tony Hayward -- in his first visit to 1600 Pennsylvania Ave.-- was Vader (BP Chairman Carl-Henric Svanberg was perhaps more an Emperor Palpatine?), then the hero of the hour -- the Skywalker of this Deepwater Horizon saga -- was clearly Barack Obama. During a meeting that was scheduled to last only 20 minutes but ended up running nearly two ...
President Obama must have had some convincing words for BP Chairman Carl-Henric Svanberg and CEO Tony Hayward this morning. Svanberg said today that BP is canceling dividend payments to its investors for the rest of the year. The announcement came only eight days after the company said it would pay out $10.5 billion in dividends this year, including $2.63 billion for the first quarter. Obama and members of Congress have opposed the plan, saying the company should not pay its investors any money until the full costs of the Gulf oil spill were known. BP also agreed today to set up a $20 ...
Carl-Henric Svanberg, BP's chairman, has remained in the shadows ever since the April 20 explosion on the Deepwater Horizon rig, even as the company has readily offered up chief executive Tony Hayward as the public whipping boy for the Gulf of Mexico oil spill. But today, Svanberg will finally be forced into the spotlight when he meets with President Barack Obama, joined by Hayward and two other BP executives. In anticipation of the event, Surge Desk has prepared a quick tip sheet on the erstwhile stealth chairman. 1. He's got unfortunate timing. Svanberg became BP's chairman on Jan. 1, ...
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