Friday, June 18, 2010

Tony Hayward Out! Carl-Henric Svanberg In! BP Switches Hitters.

Tony Hayward will now have his life back! The CEO of BP whose lackluster showing in front of Congress this week made both him and BP look like they were asleep at the wheel has been unceremoniously removed from day to day operations at the spill site.

BP Chairman Carl-Henric Svanberg announced today that Hayward was out and in his words,  "this has now turned into a reputation matter, a financial squeeze for BP and a political matter and that is why you will now see more of me."

Let's hope he knows more than Hayward about the whole drilling business.

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