BREAKING NEWS

BP CEO to be replaced after spill is controlled

NEW ORLEANS — BP's chairman said Friday that CEO Tony Hayward is on his way out as the company's point man on the Gulf oil spill crisis, a day after Hayward enraged members of Congress by offering few answers about how the environmental disaster happened.
BP Chairman Carl-Henric Svanberg told Britain's Sky News television on Friday that Hayward "is now handing over the operations, the daily operations to (BP Managing Director) Bob Dudley." BP had said this month that Dudley would take over the long-term response to the spill once the leak was stopped, but millions of gallons (liters) continue to spew and that milestone remains months away.
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