BP says Hayward has board backing to stay as CEO
LONDON, July 21
LONDON, July 21 (Reuters) - BP Plc (BP.L) (BP.N) rejected a newspaper report on Wednesday that Chief Executive Tony Hayward was to step down within the next 10 weeks.
"He has full support from the board and will remain in place," a BP spokesman said.
Britain's Times newspaper said there is a growing expectation that Hayward would announce his departure in late August or September. The report cited sources close to the company.
Hayward had been under pressure to resign as the British-based company battles to contain an oil spill in the Gulf of Mexico. (Reporting by Karolina Tagaris; Editing by Dhara Ranasinghe) ((email@example.com; +44 207 542 4878))
- Tesla prevails in top Massachusetts court over direct sales
- Obama to deploy 3,000 troops as Ebola crisis worsens
- Russia needs government investment to avoid recession, says former finance minister
- World stocks hit one-month low, caution ahead of Fed
- Ahead of independence vote, Britain pledges state funding to Scotland |