Tony Hayward
Anthony Bryan Hayward (born 21 May 1957) is a British businessman and petroleum geologist who served as the Chief Executive Officer of BP from May 2007 to October 2010. His tenure as CEO became indelibly associated with the Deepwater Horizon disaster, the largest marine oil spill in the history of the petroleum industry, which killed 11 workers and released approximately 4.9 million barrels of oil into the Gulf of Mexico over 87 days. Hayward's handling of the crisis, including a series of public relations missteps and controversial statements, led to his departure from BP and made him one of the most vilified corporate executives in modern history.
Before his rise to the chief executive position, Hayward had built a distinguished 25-year career at BP as a geologist and exploration executive, working across multiple continents and playing a key role in significant oil discoveries including the Cusiana oil field in Colombia. He was appointed CEO in 2007 with a mandate to address safety concerns that had plagued the company under his predecessor, Lord Browne, including the 2005 Texas City Refinery explosion that killed 15 workers. The irony that the CEO brought in to fix BP's safety culture presided over an even greater disaster has been widely noted by business historians and commentators.
Following his departure from BP, Hayward rebuilt his career in the energy sector, co-founding Genel Energy, an oil exploration company focused on Iraqi Kurdistan, and serving as chairman of Glencore, one of the world's largest commodity trading and mining companies, from 2014 to 2021. Despite his post-BP success in the corporate world, Hayward remains primarily known for the Deepwater Horizon disaster and has faced ongoing protests and controversy related to his role in that catastrophe.
Early life and education
Family background
Anthony Bryan Hayward was born on 21 May 1957 in Slough, Buckinghamshire (now part of Berkshire), a town west of London that had developed as an industrial and trading centre in the twentieth century. He was the eldest child of Bryan and Mary Hayward and grew up in a large family with five sisters and one brother. The Hayward family was of modest means, and the family moved frequently during Tony's childhood, though they remained primarily in or near Slough until his teenage years.
When his sixth sibling was born and the family home became too crowded, the fifteen-year-old Hayward moved out and went to live with his paternal grandparents in Langley, a suburb of Slough. This early experience of independence and self-reliance would later be cited by Hayward as formative in developing the work ethic and determination that characterized his career. While Hayward lived with his grandparents, his parents and siblings eventually relocated to Bournemouth, Dorset, on the southern coast of England, but Hayward remained in Berkshire to continue his education.
Education
Hayward attended Slough Technical High School, which later became Herschel Grammar School, a selective secondary school with a strong academic reputation. He excelled in the sciences, particularly in subjects related to earth sciences and geology, interests that would shape his future career in the petroleum industry.
After completing his secondary education, Hayward enrolled at Aston University in Birmingham, where he pursued a degree in geology. Aston University, founded in 1895 and granted university status in 1966, had developed a strong reputation for practical, career-oriented education with close ties to industry. Hayward thrived in this environment and graduated with a First Class Honours degree in geology, the highest classification available in the British university system.
Hayward continued his academic career at the University of Edinburgh, one of Scotland's ancient universities with a distinguished School of Geosciences. At Edinburgh, he pursued doctoral research in geology, earning his PhD in geological sciences. His doctoral work focused on technical aspects of petroleum geology that would prove directly relevant to his later career in oil exploration. The combination of his First Class undergraduate degree and Edinburgh doctorate positioned him as a highly qualified candidate for positions in the petroleum industry.
Early career at BP
Joining the company
In 1982, shortly after completing his doctorate, Hayward joined British Petroleum (BP) as a rig geologist based in Aberdeen, Scotland. Aberdeen served as the operational headquarters for BP's activities in the North Sea, one of the world's major offshore oil-producing regions. As a rig geologist, Hayward worked on drilling platforms, analyzing rock samples and geological data to guide drilling operations and assess the potential of oil and gas reservoirs.
The early 1980s were a period of significant activity in the North Sea, as companies raced to develop discoveries made in the previous decade and explored for new reserves in increasingly challenging deepwater environments. Hayward's technical skills and work ethic quickly set him apart, and he rose rapidly through the ranks in a series of technical and commercial roles within BP Exploration. His assignments took him to BP operations in London, Aberdeen, France, China, and Glasgow, providing him with a broad understanding of the company's global operations and diverse technical and business challenges.
Connection with John Browne
A pivotal moment in Hayward's career came in 1990, when he attended a BP leadership conference in Phoenix, Arizona. At this conference, Hayward first came to the attention of John Browne, then the managing director of BP Exploration and a rising star within the company. Browne was impressed by Hayward's presentation and analytical capabilities, recognizing in the younger geologist a talent for both technical analysis and strategic thinking.
As a result of this encounter, Hayward was appointed as Browne's executive assistant, a role that placed him at the center of BP's exploration strategy and gave him direct access to one of the company's most influential executives. Working closely with Browne exposed Hayward to high-level strategic decision-making and helped him develop the leadership and political skills necessary for advancement in a major multinational corporation. The relationship with Browne would prove instrumental in Hayward's subsequent rise through BP's hierarchy.
During this period, Hayward also benefited from the mentorship of Ian Vann, a senior geologist who was the main architect of BP's exploration strategy in the 1980s. Vann provided technical guidance and helped Hayward develop his understanding of the geological and commercial factors that determined exploration success. The combination of Browne's strategic sponsorship and Vann's technical mentorship positioned Hayward for rapid advancement within the company.
International exploration roles
In 1992, Hayward was appointed exploration manager for BP's operations in Colombia, his first major international leadership role. Colombia was emerging as an important frontier for oil exploration in South America, and BP was investing heavily in the country despite the security challenges posed by guerrilla conflicts and drug trafficking. Hayward led the team that made several significant discoveries, including contributions to the development of the Cusiana oil field, one of the largest oil finds in Colombia's history.
The Cusiana discovery demonstrated Hayward's ability to lead successful exploration programs in challenging operating environments. The field would eventually produce over 500 million barrels of oil, significantly boosting BP's reserves and establishing Colombia as a major producing country. Hayward's success in Colombia enhanced his reputation within BP and demonstrated his potential for senior leadership roles.
In 1995, Hayward was promoted to president of BP's operations in Venezuela, another challenging but strategically important market in South America. Venezuela had historically been one of the world's largest oil producers, and BP maintained significant investments in the country despite the political volatility that would later lead to nationalization of the oil industry under President Hugo Chávez. As president of Venezuelan operations, Hayward was responsible for managing relationships with government officials, overseeing exploration and production activities, and navigating the complex regulatory and political environment.
Return to London and executive advancement
In August 1997, Hayward returned to London as a director of BP Exploration, taking on a strategic role at corporate headquarters while maintaining oversight of exploration activities worldwide. This position gave him broader exposure to BP's global operations and to the executive team that was reshaping the company under John Browne's leadership. Browne had become CEO of BP in 1995 and was implementing an ambitious strategy of growth through mega-mergers that would transform BP into one of the world's largest oil companies.
Hayward became group vice-president of BP Amoco Exploration and Production in 1999, following BP's $48 billion merger with Amoco that created one of the world's largest energy companies. In this role, he was a member of the BP group's Upstream executive committee, giving him a voice in the strategic decisions affecting all of the company's exploration and production activities. The integration of BP and Amoco presented significant management challenges, and Hayward played a key role in harmonizing the exploration strategies and organizational cultures of the two companies.
In September 2000, Hayward was appointed BP group treasurer, a significant departure from his exploration background into the financial operations of the company. As group treasurer, his responsibilities included global treasury operations, foreign exchange dealing, corporate finance, project finance, and mergers and acquisitions. This assignment broadened Hayward's experience beyond technical and operational roles into the financial management capabilities essential for a CEO.
Hayward became an executive vice-president in April 2002 and was appointed chief executive of exploration and production in January 2003. This position placed him in charge of BP's entire upstream business, responsible for all exploration, development, and production activities worldwide. As head of one of BP's three main business divisions, Hayward was now in the top tier of executives and a leading candidate to eventually succeed Browne as CEO.
Becoming CEO of BP
Context and succession
The process to select a successor to Lord Browne was accelerated by a series of crises that damaged BP's reputation and raised questions about the company's safety culture. In March 2005, the Texas City Refinery explosion killed 15 workers and injured more than 170 others at BP's refinery in Texas, the worst industrial accident in the United States in decades. The explosion was attributed to cost-cutting measures and inadequate maintenance that had compromised safety systems at the aging refinery.
Additional problems emerged in Alaska, where corrosion in BP's pipelines led to oil spills and production shutdowns that raised further questions about the company's maintenance practices and safety culture. A 2006 pipeline leak at Prudhoe Bay forced BP to shut down operations at the largest oil field in North America, disrupting global oil markets and intensifying scrutiny of the company's operations.
These incidents made Peter Sutherland, BP's non-executive chairman, accelerate the timeline for finding Browne's replacement. Browne's mandatory retirement at age 60 had originally been scheduled for the end of 2008, but the succession timetable was moved forward to July 2007. Hayward emerged as the leading candidate among several contenders, including Bob Dudley, who was chief executive of TNK-BP, the company's Russian joint venture, and John Manzoni, who headed BP's refining and marketing division.
On 12 January 2007, BP announced that Hayward would succeed Lord Browne as chief executive. In his acceptance remarks and subsequent public statements, Hayward emphasized his commitment to improving BP's safety culture and operational performance. He criticized BP's management style as "too directive" and pledged to listen more carefully to employees at all levels of the organization. "The top of the organisation doesn't listen sufficiently to what the bottom is saying," Hayward told employees at a town hall meeting in Houston.
Transition and immediate priorities
Hayward was appointed to the chief executive position with immediate effect on 1 May 2007, after Browne resigned earlier than planned following the lifting of a legal injunction that had prevented Associated Newspapers from publishing details about his private life. The abrupt transition, triggered by scandal rather than a planned succession, created additional challenges for the new CEO.
As BP's new leader, Hayward inherited significant challenges: rebuilding trust with regulators and the public following the Texas City disaster and Alaska incidents, improving operational performance and safety culture throughout the company, and managing the ongoing integration of previous acquisitions. He was seen as a practical, operationally focused leader who could address the company's problems after the more flamboyant Browne era.
Hayward's initial priorities as CEO focused on "doing the right thing" by improving safety performance, consolidating operations, and controlling costs. He implemented organizational changes designed to reduce bureaucracy and improve accountability, including flattening management hierarchies and pushing decision-making authority closer to front-line operations. He also reduced headquarters staff and trimmed costs in what he described as an effort to make BP a more focused and efficient organization.
BP was paying Hayward an annual salary of £1,045,000 (approximately $2 million at the time), with performance bonuses that could significantly increase his total compensation. His 2008 bonus was £1,496,000 and in 2009 his bonus was £2,090,000, reflecting the company's financial performance during those years despite ongoing safety and operational challenges.
The Deepwater Horizon disaster
Background to the explosion
On 20 April 2010, an explosion occurred on the Deepwater Horizon, a semi-submersible drilling rig operated by Transocean under contract to BP. The rig was drilling an exploratory well at the Macondo Prospect, located approximately 40 miles off the coast of Louisiana in the Gulf of Mexico, at a water depth of approximately 5,000 feet. The Macondo well was part of BP's effort to develop deepwater reserves in the Gulf of Mexico, one of the company's most important growth areas.
The explosion and subsequent fire killed eleven workers on the rig and injured seventeen others. The eleven workers who died were Jason Anderson, Dale Burkeen, Donald Clark, Stephen Curtis, Gordon Jones, Roy Wyatt Kemp, Karl Kleppinger, Blair Manuel, Dewey Revette, Shane Roshto, and Adam Weise. A three-day U.S. Coast Guard search operation failed to find the missing workers, who were presumed to have died in the explosion or its aftermath. Ninety-four crew members were rescued by lifeboat or helicopter.
Two days after the explosion, the Deepwater Horizon sank, and oil began leaking from the well at the seabed. Initial estimates of the flow rate suggested that approximately 5,000 barrels per day were leaking into the Gulf, but subsequent analysis revealed that the actual flow was much higher, eventually estimated at 62,000 barrels per day at its peak. The well continued to discharge oil for 87 days until it was finally capped on 15 July 2010.
Cause of the disaster
Investigations into the Deepwater Horizon disaster identified multiple technical and organizational failures that contributed to the explosion. At approximately 7:45 pm CDT on 20 April 2010, high-pressure methane gas from the well expanded into the marine riser and rose into the drilling rig, where it ignited and exploded, engulfing the platform in flames.
The explosion resulted from a "blowout," an uncontrolled release of oil and gas from a well that overcomes the barriers put in place to contain it. In the case of the Macondo well, the primary barrier was a cement plug at the bottom of the well, designed and installed by contractor Halliburton. The cement job failed to contain the hydrocarbons in the reservoir, allowing gas to flow up the well.
The blowout preventer, a massive device on the seabed designed to seal the well in case of emergency, also failed to function properly. The blowout preventer, which belonged to Transocean, had not been properly maintained and had known problems with its hydraulic systems and control mechanisms. When workers on the rig attempted to activate the blowout preventer in the minutes after the initial gas surge, it failed to seal the well.
A subsequent investigation by the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling, established by President Barack Obama, found that the disaster was caused by "systemic failures" in risk management, poor communication between BP and its contractors, and a "rush to completion" that led workers to take shortcuts. "There was not a culture of safety on that rig," said William Reilly, one of the commission's co-chairs.
Hayward's response and public statements
Hayward's handling of the Deepwater Horizon crisis became a case study in crisis mismanagement and public relations failure. In the days and weeks following the explosion, Hayward made a series of statements that were widely perceived as dismissive, callous, or out of touch with the severity of the disaster.
On 17 May 2010, nearly a month after the explosion, Hayward told reporters that the environmental impact of the Gulf spill would likely be "very very modest," calling the spill "relatively tiny" in comparison with the size of the ocean. This statement, made while oil was still gushing from the seabed at a rate of tens of thousands of barrels per day, provoked outrage from environmentalists, Gulf Coast residents, and political leaders.
Ten days later, on 27 May, Hayward changed his assessment, acknowledging in an interview with CNN that the spill was an "environmental catastrophe." The reversal highlighted the inconsistency of BP's messaging and raised questions about whether the company had initially tried to downplay the severity of the disaster.
The most damaging statement came on 30 May 2010, when Hayward told a reporter, "We're sorry for the massive disruption it's caused to their lives. There's no one who wants this thing over more than I do, I'd like my life back." The comment was perceived as extraordinarily selfish, suggesting that Hayward's personal inconvenience was comparable to the devastation experienced by Gulf Coast communities whose livelihoods and environments had been destroyed. Charlie Melancon, a Democratic congressman from Louisiana, called on Hayward to resign immediately.
Hayward later apologized for the remark on BP America's Facebook page, but the damage was done. The "I'd like my life back" statement became emblematic of corporate tone-deafness and was cited in countless analyses of crisis communication failures.
Congressional testimony
On 17 June 2010, Hayward appeared before the United States House Committee on Energy and Commerce to testify about the disaster. Subcommittee chairman Bart Stupak of Michigan warned before the hearing that he expected Hayward to be "spliced and diced" by committee members seeking answers about BP's decisions leading up to the explosion.
During the seven-and-a-half-hour hearing, Hayward delivered an eleven-page prepared statement in which he pledged that BP would "not stop until we stop this well" and would "address economic claims in a responsible manner." He described the disaster as "a complex accident, caused by an unprecedented combination of failures" involving multiple companies, and said it was "simply too early to understand the cause."
However, when committee members questioned Hayward about specific decisions made in the days and hours before the explosion—decisions about well design, cementing procedures, and testing that subsequent investigations would identify as critical factors—Hayward repeatedly claimed ignorance. "I wasn't involved in that decision," became a refrain that frustrated committee members seeking accountability.
Representative Henry Waxman of California, the committee chairman, told Hayward that after reviewing 30,000 documents, the committee could "find no evidence that you paid any attention to the tremendous risks BP were taking" with respect to the well drilling. Waxman accused BP of cutting "corner after corner to save a million dollars here, a few hours or days there."
The testimony damaged Hayward's credibility further. Critics noted that for a CEO who had promised to personally focus on safety issues, Hayward seemed remarkably uninformed about the operational decisions that had led to the worst oil spill in U.S. history. Supporters argued that it was unreasonable to expect a CEO to be personally involved in every technical decision on every drilling operation, but the perception that Hayward was either uninformed or evasive undermined public confidence in BP's response.
The yacht race controversy
The day after his congressional testimony, on 18 June 2010, BP's chairman announced that Hayward would step away from daily involvement in the company's response efforts in the Gulf, with Bob Dudley taking over operational leadership. The following day, a Saturday, Hayward attended the J.P. Morgan Asset Management Round the Island Race, a yacht race around the Isle of Wight off the southern coast of England.
Hayward owned a partial interest in a racing yacht named "Bob," which was competing in the prestigious race. He was photographed at the event while the Gulf oil spill continued unabated, an image that became another symbol of his perceived insensitivity to the ongoing crisis.
Rahm Emanuel, President Obama's chief of staff, said on national television that Hayward had committed "yet another in a long line of PR gaffes" by attending the race. The White House had been publicly critical of BP and Hayward throughout the crisis, with President Obama himself saying that if Hayward worked for him, he would have been fired.
Hayward defended his attendance, noting that he had been relieved of day-to-day responsibilities for the Gulf response and that even during a crisis, executives needed occasional rest. However, the yacht race incident reinforced the perception that Hayward was out of touch with the suffering his company had caused and more concerned with his personal life than with the ongoing disaster.
Departure from BP
On 27 July 2010, BP announced that Hayward would be replaced as chief executive by Bob Dudley, effective 1 October 2010. Dudley, an American who had grown up in Mississippi near the Gulf Coast, was seen as better suited to lead BP's ongoing response to the disaster and to repair the company's relationship with U.S. regulators and the public.
Under the terms of his departure, Hayward received a £1.045 million severance payment, equivalent to one year's salary. He also retained pension benefits that had accumulated over his 28 years at BP, with an estimated value of approximately £10.8 million. Additionally, Hayward was nominated to a non-executive position on the board of TNK-BP, BP's Russian joint venture, which would provide ongoing income.
The announcement of Hayward's departure was generally welcomed by investors, regulators, and the public, though some questioned whether he was being treated too generously given the circumstances of his departure. BP's stock price, which had fallen by approximately 50% since the disaster began, showed modest improvement in the days following the announcement.
Impact of the Deepwater Horizon spill
Environmental damage
The Deepwater Horizon disaster released approximately 4.9 million barrels (206 million gallons) of oil into the Gulf of Mexico over 87 days, making it the largest marine oil spill in history. The oil contaminated more than 1,300 miles of coastline across Louisiana, Mississippi, Alabama, and Florida, causing extensive damage to beaches, wetlands, and marine ecosystems.
The spill killed countless marine animals, including dolphins, sea turtles, and seabirds, and caused lasting damage to the Gulf's fisheries and ecosystems. Studies have documented ongoing impacts on marine life more than a decade after the spill, including increased mortality rates among dolphins and reproductive problems in various fish species.
The use of nearly two million gallons of chemical dispersants, both on the surface and at the wellhead, created additional environmental concerns. While the dispersants helped break up the oil slick, they may have increased the toxicity of the spill and contributed to the formation of underwater oil plumes that affected deepwater ecosystems.
Economic impact
The economic impact of the spill was devastating for Gulf Coast communities that depended on fishing, tourism, and other industries affected by the contamination. Commercial and recreational fishing was banned across large areas of the Gulf for months, causing billions of dollars in losses for the fishing industry. Tourism declined sharply as beaches were closed and potential visitors stayed away from the region.
BP established a $20 billion compensation fund, administered initially by Kenneth Feinberg as the "Gulf Coast Claims Facility," to pay claims from individuals and businesses affected by the spill. The claims process was controversial, with many claimants arguing that payments were too slow and too small, while others received substantial settlements.
In total, BP's costs related to the Deepwater Horizon disaster exceeded $65 billion, including cleanup costs, compensation payments, and legal settlements. In 2015, BP agreed to pay $18.7 billion to settle claims by the U.S. government and five Gulf states, the largest environmental settlement in U.S. history at the time.
Regulatory and industry changes
The Deepwater Horizon disaster led to significant changes in the regulation of offshore drilling in the United States. The Minerals Management Service, the agency that had regulated offshore drilling, was abolished and replaced by new agencies with separated responsibilities for leasing, safety, and environmental enforcement. New regulations were implemented requiring stronger well designs, better blowout preventer testing, and improved safety management systems.
The disaster also prompted the oil industry to develop new technologies and procedures for deepwater well control, including pre-positioned equipment and vessels that could respond more quickly to future blowouts. Industry associations developed new safety standards, and companies invested in improved training and safety cultures.
Post-BP career
Genel Energy
After leaving BP, Hayward moved quickly to reestablish himself in the energy industry. In 2011, he partnered with financier Nathaniel Rothschild and other investors to create Vallares, a "blank check" company designed to acquire assets in the energy sector. The company raised $1.35 billion through a London stock exchange listing, with Hayward serving as chief executive.
Later in 2011, Vallares merged with Genel Enerji, a Turkish oil company with production operations in Iraqi Kurdistan, creating Genel Energy. Hayward became chief executive of the combined company, which was focused on developing oil and gas resources in the semi-autonomous Kurdish region of Iraq.
Genel Energy became one of the largest independent oil producers in Iraqi Kurdistan, though the company faced ongoing challenges related to the complex political situation in the region, including disputes between the Kurdish Regional Government and the Iraqi federal government over oil exports and revenue sharing. Hayward stepped down as chief executive in 2017 but remained chairman of the company.
Glencore chairmanship
In 2011, Hayward joined the board of Glencore, the Swiss-based commodities trading and mining giant, as a non-executive director. In 2014, he was appointed chairman of the company, succeeding Simon Murray in the role.
As chairman of Glencore, Hayward oversaw the company's merger with mining company Xstrata and navigated a period of significant volatility in commodity markets. He also led the board through various challenges, including investigations into the company's business practices in certain countries and ongoing scrutiny of its environmental and human rights record.
Hayward announced in 2021 that he would step down as Glencore chairman by the end of 2022, after overseeing the appointment of a new chief executive to succeed Ivan Glasenberg, who had led the company since its formation. He was succeeded as chairman by Kalidas Madhavpeddi.
Ongoing controversies
Hayward's involvement in the Deepwater Horizon disaster continued to generate controversy years after his departure from BP. When he was honored as a "distinguished leader" by the University of Birmingham in May 2013, the ceremony was interrupted by protesters who jeered and walked out in objection to his recognition.
In July 2013, his award of an honorary degree from Robert Gordon University in Aberdeen was criticized by Friends of the Earth Scotland as "a very serious error of judgment." The protests reflected ongoing anger about the Deepwater Horizon disaster and Hayward's role in the catastrophe.
Personal life
Family and early life
Tony Hayward grew up as the eldest of seven children in a modest family that moved frequently around the Slough area. His upbringing in a large family and his early experience of living independently with his grandparents shaped his work ethic and self-reliance. Little has been publicly disclosed about his parents, Bryan and Mary Hayward, beyond his father's first name.
Marriages and children
Hayward was previously married and has two children from his first marriage. Following his divorce, he married Lina Ramirez, a Colombian woman, on 25 July 2015. The couple raised money for Children Change Colombia charity as part of their wedding celebration.
Hayward and Ramirez gained minor attention during the 2018 FIFA World Cup when England faced Colombia in the Round of 16. The couple attended the match in Moscow, with Hayward supporting England and Ramirez supporting Colombia. The match, which England won on penalties, provided a lighthearted moment for a figure more often associated with crisis and controversy.
Residences and interests
Hayward has maintained homes in the United Kingdom and has been an active sailor, owning a partial interest in racing yachts including the boat "Bob" that competed in races around the Isle of Wight. His attendance at the yacht race during the Deepwater Horizon crisis demonstrated both his passion for sailing and his political tone-deafness during that period.
Leadership style and business philosophy
Throughout his career, Hayward emphasized operational focus, cost discipline, and accountability as key elements of effective management. In his early tenure as BP CEO, he criticized the company's management culture as "too directive" and pledged to create an organization that listened more effectively to employees at all levels.
Hayward believed in flattening management hierarchies and pushing decision-making authority closer to operational realities. He reduced headquarters staff and trimmed corporate overhead in an effort to create what he called a more "focused" organization. However, critics later suggested that cost-cutting measures may have contributed to the safety failures that led to the Deepwater Horizon disaster.
In a 2009 lecture to Stanford Business School, Hayward articulated his view that a company's "primary purpose in life is to create value for our shareholders. In order to do that you have to take care of the world." This statement, linking shareholder value creation to responsible environmental stewardship, would later appear ironic given the environmental catastrophe that occurred under his leadership.
Legacy
Tony Hayward's legacy is dominated by the Deepwater Horizon disaster, which overshadows both his earlier career achievements and his subsequent business activities. The disaster, the response to it, and particularly Hayward's public statements during the crisis have made him a cautionary example in studies of crisis management, corporate communication, and executive leadership.
Business school case studies regularly cite Hayward's handling of the Deepwater Horizon crisis as an example of how not to respond to a corporate disaster. His statements—particularly "I'd like my life back"—are studied as examples of the damage that tone-deaf communication can cause to corporate reputation during a crisis.
For the oil industry, the Deepwater Horizon disaster prompted fundamental changes in safety practices, regulatory oversight, and emergency response capabilities. The tragedy that unfolded during Hayward's tenure led to improvements that have made offshore drilling safer, though at enormous cost in lives, environmental damage, and economic harm.
Hayward's ability to rebuild his career after BP, achieving senior positions at Genel Energy and Glencore, demonstrates the resilience of established business networks and the willingness of the corporate world to give second chances to executives with his experience and connections. However, the protests that have followed him to university ceremonies and other events suggest that public memory of the Deepwater Horizon disaster remains vivid.
Awards and recognition
- Honorary Doctorate (revoked or controversial at various institutions)
- Companion of the Chartered Management Institute (appointed September 2005)
See also
- BP
- Deepwater Horizon oil spill
- John Browne, Baron Browne of Madingley
- Bob Dudley
- Genel Energy
- Glencore
- Texas City Refinery explosion
- Corporate social responsibility
- Crisis management
References
Further reading
- Steffy, Loren C. Drowning in Oil: BP and the Reckless Pursuit of Profit. McGraw-Hill, 2010.
- Freudenburg, William R., and Robert Gramling. Blowout in the Gulf: The BP Oil Spill Disaster and the Future of Energy in America. MIT Press, 2011.
- National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling. Deep Water: The Gulf Oil Disaster and the Future of Offshore Drilling. 2011.
- Magner, Mike. Poisoned Legacy: The Human Cost of BP's Rise to Power. St. Martin's Press, 2011.