Why hasn't BP canned it's CEO?
Slate's Dan Gross tackles it:
"Of all the mysteries of the BP oil spill, perhaps the most baffling is: Why does BP CEO Tony Hayward still have a job? Hayward, who has been CEO of BP since 2007, was in charge when the disastrous blowout at the Macondo well in the Gulf of Mexico took place, and he's been in charge as BP has failed--and failed, and failed again--to stop the flow of crude oil into the Gulf. What's more, his (unbacked-up) reassurances and poor turns of phrase ("I want my life back") have aggravated the damage to BP's public image. Yet Hayward is secure in his job. In fact, he may have the most secure corporate seat in Great Britain."
And why is that?
Read the piece.
Perhaps, when the questions are answered, Hayward's will be one of the asses President Obama is talking about kicking.
Leave a comment