Dudley takes charge of Gulf oil spill for BP
Source: Agencies |
June 24, 2010, Thursday
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BP put Mississippi native Bob Dudley in charge of handling the Gulf of Mexico oil spill yesterday, an effort to clean up its image and take the spotlight off Chief Executive Tony Hayward, the Englishman whose gaffes have infuriated Americans.
BP PLC confirmed that Dudley, who grew up in Hattiesburg, Mississippi, is now the point man in the mission to stop the oil gusher and deal with the economic damage it has caused.
Dudley, who had led BP's operations in the Americas and Asia, is no stranger to tough situations, having protected his company's interests in rough dealing in Russia even after he was barred from the country.
Dudley, 54, spent two decades climbing the ranks at Amoco Corp, which merged with BP, and lost out to Hayward on the CEO's slot three years ago.
Perhaps most importantly, he is a fresh face for the oil company as it attempts to fix the spill and protect its future. Hayward shocked Gulf residents last month when he said "I'd like my life back" and weeks later went yachting.
Dudley was appointed president and chief executive of the newly created Gulf Coast Restoration Organization, effective immediately, and will report to Hayward.
"In the near term, my focus will be on listening to stakeholders, so we can address concerns and remove obstacles that get in the way of our effectiveness. And we'll build an organization that over the longer term fulfills BP's commitments to restore the livelihoods and the environment of the Gulf Coast," Dudley said.
Last week BP bowed to US President Barack Obama's demand that it set up a US$20 billion escrow fund to cover damages and to suspend dividend payment.
BP PLC confirmed that Dudley, who grew up in Hattiesburg, Mississippi, is now the point man in the mission to stop the oil gusher and deal with the economic damage it has caused.
Dudley, who had led BP's operations in the Americas and Asia, is no stranger to tough situations, having protected his company's interests in rough dealing in Russia even after he was barred from the country.
Dudley, 54, spent two decades climbing the ranks at Amoco Corp, which merged with BP, and lost out to Hayward on the CEO's slot three years ago.
Perhaps most importantly, he is a fresh face for the oil company as it attempts to fix the spill and protect its future. Hayward shocked Gulf residents last month when he said "I'd like my life back" and weeks later went yachting.
Dudley was appointed president and chief executive of the newly created Gulf Coast Restoration Organization, effective immediately, and will report to Hayward.
"In the near term, my focus will be on listening to stakeholders, so we can address concerns and remove obstacles that get in the way of our effectiveness. And we'll build an organization that over the longer term fulfills BP's commitments to restore the livelihoods and the environment of the Gulf Coast," Dudley said.
Last week BP bowed to US President Barack Obama's demand that it set up a US$20 billion escrow fund to cover damages and to suspend dividend payment.
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