Everything about Tony Hayward totally explained
Dr Anthony Hayward CCMI (born
1957) is the
Chief Executive of oil and energy company
BP Group, taking over from
John Browne, Baron Browne of Madingley on
1 May,
2007.
Biography
Hayward gained a first class
geology degree from
Birmingham University followed by a
PhD from
Edinburgh University. Joining BP in
1982, with his first job as a rig geologist in
Aberdeen, he quickly rose through the ranks in a series of technical and commercial roles in BP Exploration in
London,
Aberdeen,
France,
China and
Glasgow. Hayward first came to Lord Browne's attention during a leadership conference in
1990 in
Phoenix, Arizona. As a result he was made Browne's executive assistant.
In
1992, Hayward moved to
Colombia as exploration manager and became president of BP's operations in
Venezuela in
1995. In August
1997 he returned to London as a director of BP Exploration. He became group vice president of BP Amoco Exploration and Production as well as a member of the BP group's Upstream executive committee in
1999.
Hayward was appointed BP group treasurer in September
2000 where his responsibilities included global treasury operations, Foreign exchange dealing, corporate finance, project finance and mergers and acquisitions. Hayward became an executive vice president in April 2002, and Chief Executive of exploration and production in January
2003.
Replacement of Lord Browne
In light of safety and resultant production issues in
Alaska and the report in to the explosion at the
Texas City refinery,
Peter Sutherland BP's non-executive chairman accelerated the process for replacing Lord Browne, bringing the timetable forward from end
2008 (when Browne would be 60, and nominally forced to retire under BP's rules), to July
2007. Hayward, having been termed CEO designate by both internal and media commentators, came to the fore amid the competition, including Robert Dudley, chief executive of TNK-BP, the company's
Russian joint venture, and John Manzoni, head of refining and marketing.
On
18 December,
2006 in the run up to replace Lord Browne as Chief Executive of BP Group, the
Financial Times reported that Hayward had criticised BP's management at an internal management meeting, in the wake of a blast at the firm's Texas City refinery which killed 15 people. Hayward made the comments at a town hall meeting in
Houston:
"We have a leadership style that's too directive and doesn't listen sufficiently well. The top of the organisation doesn't listen sufficiently to what the bottom is saying."
On
12 January,
2007 it was announced that Hayward would replace Lord Browne as BP Chief Executive. In preparation for Hayward's take up as Group CEO, on
2 February Andy Inglis was appointed managing director of the BP Group, and succeeds Hayward as chief executive of BP's Exploration & Production (E&P) business.
Hayward was appointed to the Chief Executive position with immediate effect on
1 May,
2007, after Lord Browne resigned following the lifting of a legal injunction preventing
Associated Newspapers from publishing details about his private life.
Other positions
Hayward was a member of the
Citibank advisory board, from
2000 to
2003. Hayward is presently senior independent non-executive director of
Corus Group, appointed in April
2002, and a non-executive director of
Tata Steel. Hayward is a committee member of Audit, Nominations and Health, Safety and Environment. Hayward was appointed a Companion of the
Chartered Management Institute in September
2005.
Personal life
Hayward is married with two children, and lives in
London.
A keen fan of football club
West Ham United F.C., Hayward lists his interests as
sailing,
triathlons and watching
football,
rugby union and
cricketFurther Information
Get more info on 'Tony Hayward'.
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