Tony Hayward Biography
Tony Hayward is a British businessman and the former CEO of BP who succeeded the Baron Browne of Madingley on May 1, 2007. His term ended on October 1, 2010, when he was replaced by Bob Dudley following the Deepwater Horizon oil catastrophe. He was as chairman of Glencore Xstrata from 2014 to 2021.
How old is Tony Hayward? – Age
He is 66 years old as of 21 May 2023. He was born in 1957 in Slough, United Kingdom.His real name is Anthony Bryan Hayward.
Tony Hayward Family – Education
Hayward was born in Slough, Buckinghamshire (now Berkshire), in 1957, as the eldest son of Bryan and Mary Hayward. Hayward has five sisters and a brother. Hayward traveled around a lot as a kid, but he spent much of his time in or around Slough. When Hayward was 15, his sixth brother was born, and he moved out of the family home to live with his paternal grandparents in Langley (a Slough suburb). Later, his family relocated to Bournemouth, Dorset. Hayward, on the other hand, remained in Berkshire, living with his grandparents and attending a local grammar school, Slough Technical High School, until he began university. Tony went on to receive a first-class geology degree from Aston University, followed by a PhD from the University of Edinburgh School of Geosciences.
Tony Hayward Wife
He was married to Maureen Fulton from the year 1985 till 2013.
Tony Hayward Net Worth
He has an estimated net worth of $40 million.
Tony Hayward Deepwater Horizon oil spill
On 20 April 2010, a blast happened on the Deepwater Skyline oil rig, worked by BP. Eleven individuals were killed in the impact and oil started to spill from the sea floor at a rate differently assessed to be between 5,000 barrels (790 m3) and 100,000 barrels (16,000 m3) each day. Hayward, and BP by and large, at first made light of the spill, expressing on 17 May 2010 that the ecological effect of the Bay spill would almost certainly be “extremely unobtrusive” and referring to the spill as “somewhat minuscule” in correlation with the size of the sea. By 27 May, Hayward changed his evaluation, considering the spill an “ecological calamity” in a meeting with CNN.
On 12 May 2009, in a postgraduate talk to Stanford Business college, Hayward dissected the job and association of the organization for which he went about as CEO. During the talk he expressed to the business understudies that “…our basic role in life is to make an incentive for our investors. To do that you need to deal with the world”.
Hayward expressed that his occupation may be in danger because of the spill, saying “we committed a couple of little errors right off the bat.” He got analysis for different explanations he had made during the spill, including telling a camera man to “leave” during a photograph operation on the shores of Louisiana. On 30 May, he told a columnist “we’re upset for the enormous interruption it’s caused to their lives. There’s nobody who needs this thing over more than I do, I’d like my life back.” He was generally censured for his remark which was seen as self centered, and US Agent Charlie Melancon (D-La.) approached Hayward to leave following this remark.
He later apologized for the remark on BP America’s Facebook Page. On 31 May, Hayward questioned cases of tremendous submerged crest of oil suspended in the Bay, as had been accounted for by researchers from three colleges. Hayward said there was “no proof” that tufts of oil were suspended under the ocean, and that since it is lighter than water any crest seen are simply during the time spent ascending to the surface. A scientist from Louisiana State College concurred with this evaluation. Then again different researchers have recommended that the way of removal of the oil from the well and the utilization of dispersants may have prompted an emulsion circumstance in which the oil is suspended in water for quite a while.
On 5 June the Day to day Transmit revealed that Hayward sold roughly 33% of his portions in BP a month prior to the Deepwater Skyline rig detonated. The offers thusly fell in esteem by 30%, albeit the Message expressed: “There is no idea that he acted inappropriately or had earlier information that the organization was to confront the greatest mishap in its set of experiences.”
In a meeting on NBC on 8 June, US President Barack Obama said that Hayward “wouldn’t be working for me after any of those assertions”, alluding to the comments Hayward made following the spill. The Obama organization had been public in their analysis of BP for the oil slick.
Before a legislative hearing on the oil slick hung on 17 June, subcommittee executive Bart Stupak of Michigan said that he anticipated that Hayward should be “joined and diced” by both himself and other panel individuals. Hayward’s eleven-page record that he read to the board of trustees remembered an entry for which he said he would “vow as head of BP that we won’t stop until we stop this well … furthermore, address monetary cases in a dependable way”. He proceeded, “This is an intricate mishap, brought about by an uncommon blend of disappointments. Various organizations are involved, including BP, and understanding the cause is basically too soon.”
On 18 June, the day after Hayward showed up before the legislative hearing, the administrator of BP said that Hayward would move back from everyday association in the organization’s endeavors in the Bay. On 19 June, the day preceding Dad’s Day, Hayward was in Cowes – having required a “three day weekend” – to see Sway, his co-claimed boat, partake in the JP Morgan Resource The executives Round the Island yacht race off the Isle of Wight. Rahm Emanuel, President Obama’s head of staff, said that Hayward had committed one more in a “long queue of PR blunders” by going to the race while the Bay oil slick proceeded.
In June, BP put Mississippi local Weave Dudley accountable for dealing with the Bay of Mexico oil slick. Dudley was designated president and CEO of the recently made Bay Coast Rebuilding Association, answering to Hayward. There was likewise a sarcastic episode of South Park made about the spill and Tony Hayward’s reaction.
What is Tony Hayward’s Career?
Joining BP in 1982, with his most memorable occupation as an apparatus geologist in Aberdeen, he immediately rose through the positions in a progression of specialized and business jobs in BP Investigation in London, Aberdeen, France, China and Glasgow. Hayward previously came to the consideration of John Browne (later made, in 2001, Ruler Browne of Madingley) during a 1990 authority meeting in Phoenix, Arizona. Therefore, he was made Browne’s leader collaborator. In 1992, Hayward moved to Colombia as investigation director and became leader of BP’s tasks in Venezuela in 1995. In August 1997, he got back to London as an overseer of BP Investigation. He became bunch VP of BP Amoco Investigation and Creation as well as an individual from the BP gathering’s Upstream chief council in 1999.
Hayward was selected BP bunch financial officer in September 2000 where his obligations included worldwide depository tasks, unfamiliar trade managing, corporate money, project money and consolidations and acquisitions. Hayward turned into a leader VP in April 2002, and CEO of investigation and creation in January 2003. Wellbeing and creation issues in The Frozen North and the blast at the Texas City treatment facility made Peter Sutherland, BP’s non-chief director, speed up the cycle for tracking down a swap for Ruler Browne of Madingley. His retirement plan was pushed ahead from end-2008, when Browne would be 60 and BP strategy called for required retirement, to July 2007. Hayward, having been portrayed as President assign by both interior and media reporters, came to the front in the midst of the opposition, including Robert Dudley, CEO of TNK-BP, the organization’s Russian joint endeavor, and John Manzoni, head of refining and advertising.
On 18 December 2006, in the approach supplant Browne as CEO of BP Gathering, the Monetary Times detailed that Hayward had censured BP’s administration at an inside administration meeting, following an impact at the company’s Texas City processing plant that killed 15 individuals and harmed in excess of 170 others. Hayward offered the remarks at a municipal event in Houston: “We have an authority style that is excessively mandate and doesn’t listen adequately well. The highest point of the association doesn’t listen adequately to what the base is talking about.”
On 12 January 2007, BP reported that Hayward would supplant Ruler Browne of Madingley as CEO. On 2 February, Andy Inglis was delegated overseeing overseer of the BP Gathering, and succeeded Hayward as CEO of BP’s Investigation and Creation (E&P) business.
Hayward was selected to the CEO position with quick impact on 1 May 2007, after Browne surrendered following the lifting of a legitimate directive keeping Related Papers from distributing insights regarding his confidential life.
BP was paying Hayward a yearly compensation of £1,045,000; his 2008 reward was £1,496,000 and in 2009 his reward was £2,090,000. In 2008, Tony Hayward had private gatherings with Igor Sechin, a nearby partner of Putin and a top figure of Russian military and security administrations, presently filling in as a Chief of biggest Russian oil organization Rosneft. The two haggled on BP’s arrangements with Russia.Following the Deepwater Skyline oil slick, there were bits of gossip that Hayward would leave, yet the organization excused these. A BBC report said that a BP public statement expressed that Hayward “has the full certainty of the directorate of BP.”
BP declared on 27 July 2010 that Hayward would be supplanted by Sway Dudley as the organization’s CEO compelling starting around 1 October 2010.Hayward’s contribution in Deepwater Skyline left him an exceptionally disputable person of note. In May 2013 he was regarded as a “recognized pioneer” by the College of Birmingham, however his honor function was interfered with a few times by sneers and walk-outs.
In July 2013 his honor of a privileged degree from Robert Gordon College was portrayed as “an intense blunder of judgment” by Companions of the Earth Scotland. Hayward is administrator of Genel Energy, an oil organization with creation offices in Iraqi Kurdistan. Genel Energy was framed in 2011 by the consolidation of Hayward’s endeavor firm Vallares with the Turkish oil firm Genel Enerji.
Hayward was an individual from the Citibank warning board, from 2000 to 2003. Hayward is by and by senior free non-leader head of Corus Gathering, designated in April 2002, and a non-chief overseer of Goodbye Steel. Hayward is a board of trustees individual from Review, Designations and Wellbeing, Security and Climate. Hayward was designated a Buddy of the Sanctioned Administration Foundation in September 2005.
