Robert Dudley Svanberg

Posted by Zeeshan on July 27, 2010

Robert Dudley

Hayward, who will remain on the board of directors until 30 November, will also be entitled to draw an annual pension of £ 600,000 pension pot of an estimated 11 million to about pounds.Svanberg describes Dudley, 54, who was expelled from Russia after a battle with shareholders at risk of the joint venture TNK-BP, as operator “strong in the worst circumstances.” Currently CEO of BP, Dudley grew up partly in Hattiesburg, Mississippi and has so far avoided any public missteps. He spent 20 years at Amoco Corporation, which merged with BP in 1998 and lost to crack makes Hayward CEO of three years.

Dudley will be based in London, when he takes his appointment and hand over his current position in the U.S. at Lamar McKay, president and CEO of BP America.BP said the charge of 32.2 billion U.S. dollars for the cost of oil spill resulted in a record loss of $ 17 million for the second quarter, compared to profit of 4.39 billion dollars a year is earlier.It loss in 18 years. The charge includes the fund $ 20 million in restitution to the company set up under the pressure of President Barack Obama and the costs to date of $ 2.9 billion.

But the company also stressed its strong underlying financial position – income for the quarter increased 34 percent to $ 75.8 million – Hayward said it had reached a stage “important” to the top of the leak was well. Crews resume work to fill the time of the Gulf after fleeing remnants of Tropical Storm Bonnie blew through, forcing the evacuation short. The head of the oil spill U.S. government, a former Coast Guard Admiral Thad Allen, said Monday that the murder called static – in which the mud and cement was criticized from the top of the well – because from August 2.