BP Creates Safety Unit, Fires Executive

Before you go, we thought you'd like these...
Before you go close icon
Bob DudleyIncoming BP (BP) CEO Bob Dudley fired the executive at the center of the Gulf oil disaster and created a new division to improve safety.

Andy Inglis, the head of the company's upstream business, will leave the company at the end of the year, BP said in a statement.

Sponsored Links
The company also set up a safety and operational risk unit to monitor and enforce safety standards across BP. Mark Bly will head the unit and report directly to Dudley.

"These are the first and most urgent steps in a programme I am putting in place to rebuild trust in BP – the trust of our customers, of governments, of our employees and of the world at large,"
Dudley said.

Dudley, 55, takes over as CEO later this week. He is charged with rebuilding the company's sullied image following the Gulf oil disaster, which saw BP accused of cutting corners on safety.

BP's investigation into the Gulf oil disaster said BP shared blame for the accident with other companies including Halliburton Co. (HAL), which cemented the well, and Transocean Ltd. (RIG), which operated the oilrig.
Read Full Story


S&P 500 2,358.57 16.98 0.73%
DJIA 20,701.50 150.52 0.73%
NASDAQ 5,875.14 34.77 0.60%
DAX 12,149.42 153.35 1.28%
NIKKEI 225 19,202.87 217.28 1.14%
HANG SENG 24,345.87 152.17 0.63%
USD (per EUR) 1.08 0.00 -0.39%
USD (per CHF) 0.99 0.01 0.62%
JPY (per USD) 111.06 0.29 0.26%
GBP (per USD) 1.25 -0.01 -0.75%

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners