• BP CEO Tony Hayward Poised To Resign

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    From MarketWatch.com:

    BP Plc said Monday it will debate the fate of embattled Chief Executive Tony Hayward at a board meeting this evening but stressed that no final decision has been made.

    The statement follows media reports this weekend that Hayward has agreed to step down and will be replaced by Robert Dudley, the American heading the company’s cleanup efforts in the Gulf of Mexico in the wake of the worst oil spill in U.S. history.

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