Thursday, June 17, 2010

BP's Tony Hayward and More on How to Destroy Corporate Image

This is just a quick hit on BP meeting with President Barack Obama at the White House yesterday (at which the figure $20 billion was tossed around). One of the quotes circulating today is its CEO Tony Hayward saying the "oil spill should never have happened." In addition, I've gathered the phrase of the day was "BP complacency." The video above tells of Hayward's woes and the fall of BP's image.

Having already posted on Bob Dudley as the man who replaced Tony Hayward as the face of BP in the U.S. during this oil crisis, and having written a post for, "A Look at BP's Corporate Character," I don't think I need to write much more today about our crisis in the Gulf of Mexico.

See all oil spill posts at this blog here.


Kit (Keep It Trill) said...

Van Jones said it so well of the cross examination, something like Tony Hayward acted like a kid in the principal's office waiting for his mother to pick him up.

I tried to find the exact quote, but I guess coming from a brotha it was too good for the media to give him credit.

Vérité Parlant said...

I think of Van often during this crisis and consider how the Green Czar was driven from his position by Glenn Beck's communist conspiracy theories.

People in Great Britain are starting to question Hayward's leadership, and I think that's really getting to him. Plus what shareholders want to hear they won't be getting their expected payoffs this year.

Thank you, Kit.