Life and career
Hayward gained a first class geology degree from Aston University in Birmingham followed by a PhD from the University of Edinburgh. Joining BP in 1982, with his first job as a rig geologist in Aberdeen, he quickly rose through the ranks in a series of technical and commercial roles in BP Exploration in London, Aberdeen, France, China and Glasgow. Hayward first came to Lord Browne’s attention during a leadership conference in 1990 in Phoenix, Arizona. As a result he was made Browne’s executive assistant.
In 1992, Hayward moved to Colombia as exploration manager and became president of BP’s operations in Venezuela in 1995. In August 1997 he returned to London as a director of BP Exploration. He became group vice president of BP Amoco Exploration and Production as well as a member of the BP group’s Upstream executive committee in 1999.
Hayward was appointed BP group treasurer in September 2000 where his responsibilities included global treasury operations, foreign exchange dealing, corporate finance, project finance and mergers and acquisitions. Hayward became an executive vice president in April 2002, and Chief Executive of exploration and production in January 2003.
In 2009, Hayward was awarded the honorary degree of Doctor of Science from University of Edinburgh.
Replacement of Lord Browne
In light of safety and resultant production issues in Alaska and the report on the explosion at the Texas City refinery, Peter Sutherland, BP’s non-executive chairman, accelerated the process for replacing Lord Browne, bringing the timetable forward from end-2008 (when Browne would be 60, and nominally forced to retire under BP’s rules) to July 2007. Hayward, having been termed CEO designate by both internal and media commentators, came to the fore amid the competition, including Robert Dudley, chief executive of TNK-BP, the company’s Russian joint venture, and John Manzoni, head of refining and marketing.
On 18 December 2006 in the run-up to replace Lord Browne as Chief Executive of BP Group, the Financial Times reported that Hayward had criticised BP’s management at an internal management meeting, in the wake of a blast at the firm’s Texas City refinery that killed 15 people and injured more than 170 others. Hayward made the comments at a town hall meeting in Houston: “We have a leadership style that is too directive and doesn’t listen sufficiently well. The top of the organisation doesn’t listen sufficiently to what the bottom is saying.”
On 12 January 2007 it was announced that Hayward would replace Lord Browne as BP Chief Executive. In preparation for Hayward’s take up as Group CEO, on 2 February Andy Inglis was appointed managing director of the BP Group, and succeeds Hayward as chief executive of BP’s Exploration & Production (E&P) business.
Hayward was appointed to the Chief Executive position with immediate effect on 1 May 2007, after Lord Browne resigned following the lifting of a legal injunction preventing Associated Newspapers from publishing details about his private life.
BP pays Hayward an annual salary of £998,000 and in 2008 his bonus was £1,496,000.
Negotations with Russia’s Igor Sechin
In 2008 Tony Hayward had private meetings with Igor Sechin, a top figure of Russian military and security services. The two negotiated on BP’s deals with Russia.
Deepwater Horizon oil spill
On 20 April 2010, an explosion occurred on the Deepwater Horizon oil rig, operated by BP. 11 people were killed in the blast and oil began to leak from the ocean floor at a rate variously estimated to be between 5,000 and 100,000 barrels per day. Hayward, and BP in general, initially downplayed the spill, stating on 17 May 2010 that the environmental impact of the Gulf spill would likely be “very very modest” and calling the spill “relatively tiny” in comparison with the size of the ocean. By 27 May, Hayward had apparently changed his assessment, calling the spill an “environmental catastrophe” in an interview with CNN.
Hayward has stated that his job might be at risk as a result of the spill, saying “we made a few little mistakes early on.” Hayward received criticism for various statements he has made during the spill, including telling a camera man to “get out of there” during a photo-op on the shores of Louisiana. On 30 May, 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.” Hayward was widely criticized for the comment and United States Representative Charlie Melancon (D-La.) called on Hayward to resign in the wake of this comment. He later apologized for the comment on BP America’s Facebook Page. On 31 May, Hayward disputed claims of huge underwater plumes of oil suspended in the Gulf, as had been reported by scientists from three universities. Hayward said there was “no evidence” that plumes of oil were suspended under the sea, and that because it is lighter than water any plumes seen are just in the process of rising to the surface. A chemist from Louisiana State University agreed with this assessment. Still other scientists have suggested that the manner of expulsion of the oil from the well and the use of dispersants may have led to an emulsion situation in which the oil is suspended in water for some time.
On 5 June the Daily Telegraph reported that Hayward sold approximately one third of his shares in BP a month before the Deepwater Horizon rig exploded. The shares subsequently fell in value by 30%, although the Telegraph stated: “There is no suggestion that he acted improperly or had prior knowledge that the company was to face the biggest setback in its history.” In an interview on NBC on 8 June, President Barack Obama said that Hayward “wouldn’t be working for me after any of those statements”, referring to the remarks Hayward made following the spill.
Hayward was a member of the Citibank advisory board, from 2000 to 2003. Hayward is presently senior independent non-executive director of Corus Group, appointed in April 2002, and a non-executive director of Tata Steel. Hayward is a committee member of Audit, Nominations and Health, Safety and Environment. Hayward was appointed a Companion of the Chartered Management Institute in September 2005.
Hayward is married with two children, and lives near Sevenoaks, Kent.
May 21st, 1957
5 + 21 +1+9+5+7 = 48 = his life lesson = what he is here to learn = Purpose. Meaning. Mission. Direction. Destination. Guidance. Goals. Aims. The meaning of life. Who am I? Why am I here? What is the meaning of life? What’s this life for? Your calling in life. Soul searching. Finding yourself. Seek and ye shall find. Dark night of the soul. There’s got to be more to life than this. Walking away from it all. Send out into the world. What’s the point? Where is this going?
using the number/letter grid:
1 2 3 4 5 6 7 8 9
A B C D E F G H I
J K L M N O P Q R
S T U V W X Y Z
A = 1 J = 1 S = 1
B = 2 K = 2 T = 2
C = 3 L = 3 U = 3
D = 4 M = 4 V = 4
E = 5 N = 5 W = 5
F = 6 O = 6 X = 6
G = 7 P = 7 Y = 7
H = 8 Q = 8 Z = 8
I = 9 R = 9
2 8 7 94
his primary challenge = TH = 28 = Bold. Daring. Heroic. Survivor. Overcoming obstacles. Personal power. Willpower. Possibilities. Vulnerability. Reckless. Lightweight. Pathetic. Weak. Scrawny. Wimp.
The most important thing he can do = TY = 27 = Initiative. Follow through. Original. The first. Innovation. Trailblazer. Pioneer. Inventor. Start. Begin. Initiate. Groundbreaking. Drilling. Drill. New start. Fresh start. First step. The beginning. Reset. Restart. Contraption.
[The synasty between Tony Hayward and BP (and the oil spill) is worth noting.
The primary challenge of BP = 27
It is also worth noting that the oil spill happened on April 20th, 2010
April 20th, 2010
4 + 20 +2+0+1+0 = 27 = the lesson of the oil spill]
What he must do/has to do = TR = 29 = Skills. Talents. Competence. Expertise. Specialty. Combine. Teamwork. Cooperation. Collaborate. Collaboration. Consult. Consultant. Cooperate. There’s no “I” in team. TEAM: together each accomplishes more. Consult an expert.
[His synastry with President Barack Obama is worth noting. August 4th, 1961 (8 + 4 +1+9+6+1 = 29 = Barack Obama’s life lesson)]
How he obtains his heart’s desire = TD = 24 = Clean up your act. Getting cleaned up. Pure and natural. Taking charge. Who’s in charge here? I’m in charge. The power behind the throne. Take the vow. Ruling the roost. Ruling with an iron fist.