Tony Hayward Gets His Life Back

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The embattled BP CEO is turning over day-to-day responsibilities in the Gulf to Bob Dudley, the company’s managing director. BP chairman Carl-Henric Svanberg made the announcement in an interview with Sky News. [UPDATED with video clip below]

Interviewer Jeff Randall characterizes Hayward’s performance testifying before a congressional committee yesterday as “wretched.” Perhaps Svanberg agreed or, more likely, the company had already planned to pull Hayward as point man, but opted to let him take the heat from U.S. lawmakers first.