BP Chief Executive is being replaced - WLOX.com - The News for South Mississippi

BP Chief Executive is being replaced

NEW ORLEANS (AP) - A senior U.S. government official says BP Chief Executive Tony Hayward, under fire for his handling of the Gulf oil spill, is being replaced. An official announcement could come as early as Monday.

The official, who spoke on condition of anonymity Sunday because that announcement had not been made, was briefed on the decision by a senior BP official late last week.

The official did not know who would replace Hayward or when it would happen. One of the most likely successors is BP Managing Director Bob Dudley, who is currently overseeing the British company's spill response. BP's board would have to approve a change in company leadership. Hayward has made several gaffes, most notably wishing to have his "life back" and going to a yacht race while oil washed up on Gulf shores.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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