It appears British Petroleum CEO Tony Hayward is on his way out. There are many reasons I think this is a good idea. Here’s a couple:
Looks like you’re going to get your wish Mr. Hayward. And don’t forget this gem:
What I AM saying is that regardless if Hayward is booted, the next person still has a monumental mess on his hands. So, ultimately, why even bother removing him? The environmental damage alone will take decades to fix. Some things may never return to normal.
This is a “save face” move. BP appears to be moving on from the Hayward reign and place the keys in the hands of a new leader. Basically, BP’s board is saying, “Hey look! We are doing something about the spill!” No, you removed your CEO who was a small part of the problem.
I disagree that this is completely a “save face” move. Without a doubt, any guy dumb enough to say he’d like his life back and then a couple of weeks later attend a yacht race in France is a liability. Where I disagree with Jason is that I don’t think BP is viewing this as a “Look at us people of the Gulf Coast region affected deeply by our screw up! We’re DOING something!”.
There comes a time when the ship needs a new captain. When that leader inspires zero faith from the crew (in this case crew being the public, its BP’s employees, and its investors and stockholders), a new direction is needed. Americans, and most people worldwide, are predisposed to distrust corporate CEO’s, a point made by another friend of mine, Sam Ogborn in the comments:
Here’s my question though: who is someone that the public trusts? Most CEOs of large corporations I’ve never heard of, so I wouldn’t be a good judge of character. But how can someone instill trust in the public eye if no one knows of them in the first place?
That’s a GREAT question. The answer is the public just needs to know that the top man (or woman) at BP “gets it”. They need to know that the BP CEO understands the trauma inflicted by this spill on wildlife and mankind and perceive that person as someone who CARES about what happens in the Gulf. Hayward didn’t seem like he ever truly cared. See those clips up above if you disagree.
To promote change you need a person at the top that is willing to instill change. If Tony Hayward isn’t going to do his job, then BP needs to find someone inside its organization that can step up and do the job correctly. It’s less about solving the problem in the Gulf, which is going to take another generation at the minimum to TRULY solve, and more about putting someone in place that will take those first steps.