Tony Hayward to be replaced in oil spill operations

Posted By: Shawn Herndon -

NEW ORLEANS - BP CEO Tony Hayward will no longer oversee the operation to fix the oil well that's leaking into Gulf of Mexico.

BP's Chairman Carl-Henric Svanberg, made the announcement to a British broadcaster Friday.

"He is now handing over the operation to (BP Managing Director) Bob Dudley," Svanberg told Sky News.

In the same interview, Svanberg acknowledged that comments made by Hayward have hurt the company, its reputation and its relationship with the people of the Gulf Coast.

Dudley has been somewhat visible as the oil spill story has unfolded over the past two months, representing BP on programs such as NBC's "Meet The Press," but has played a less public role than Hayward and Chief Operating Officer Doug Suttles.

Dudley was at the White House earlier this week for a top-level meeting with President Barack Obama and other government leaders. This past Monday, it was Dudley who announced the company was wiring $60 million to Louisiana to begin work on a dredging and sand booming project that Gov. Bobby Jindal has described as a critical step forward.