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BP directors call for chairman to go over Deepwater leak

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cal04 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 09:58 PM
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BP directors call for chairman to go over Deepwater leak
Environmental disaster has been matched in scale by public relations disaster for the hapless oil giant
http://www.independent.co.uk/news/world/americas/bp-directors-call-for-chairman-to-go-over-deepwater-leak-1992679.html

Senior BP directors want their chairman, Carl-Henric Svanberg, sacked because they claim his mishandling of the Gulf of Mexico disaster has turned a crisis into a catastrophe.

The BP directors, speaking under terms of anonymity, told The Independent on Sunday yesterday that a growing number of the oil company's high-level executives are so appalled by Mr Svanberg's low-profile role since the Gulf spill over a month ago that they think he should be told to quit.

One oil executive said: "This spill is a disaster for BP and the world. But it's been made worse by a breakdown in BP's own public relations and communications which have been awful, truly awful. Mr Svanberg should be there with the chief executive , Tony Hayward, showing the world that BP is doing everything it can to clean up the mess, offering to pay the necessary compensation and be the public face of BP. He has left him out to dry."

(snip)
The source added: "Crucially, he should have been there on the Louisiana coastline with President Obama, showing that BP takes full responsibility for the leak. But he is nowhere to be seen. It is a fiasco for us. He should also be out and about talking to US senators, British ministers, to the press, explaining the situation in full to them, as BP's future is in the national interest."
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 10:13 PM
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1. How big is his parachute?
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jun-05-10 10:29 PM
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2. They think Tony Hayward is doing a good job??
If I were that Svanberg fellow, I'd stay the hell away from Hayward too. Maybe he was thinking the Board would get sick of Hayward and then he would be able to step in after Hayward was asked to step down.
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