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Wednesday, April 7, 2010 as of 11:14 AM ET

The Casone Exchange
  • June 7, 2010 10:00 AM UTC by Cheryl Casone

    BP CEO: Should He Stay or Should He Go?

    Coming up today at Noon ET on Fox Business Network, we ask the question to all of our experts:  Should Tony Hayward resign as BP CEO?

    You have the President over the weekend taking aim at the dividend the shareholders received in the last quarter (you cannot just suspend a dividend without proper recourse), you have environmentalists and celebrities saying “off with his head”, and you have angry Gulf residents calling him “Chemical Tony”.  Is Tony Hayward the villain?  Did he want this? Should he quit? Should the board fire him?

    We weigh in on this question in a couple of hours, write me here or at Casone@foxbusiness.com and let me know what you think.

    CC

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this post is very usefull thx!

June 11, 2010 at 5:51 am

Kathy in Dallas

All the news media are discussing boycotting BP. My take is just the opposite. We need to support them. This was not an intentional spill. They are doing everything they can think of to stop the leak and are "promising" compensation and clean up. If they are boycotted, they will be out of business or financially too strapped to do the job they need to do. IF they can stay financially sound enough to take care of this business and don't, then I will be on the bandwagon to crucify them too.

June 10, 2010 at 1:47 pm

Dan

Why would you give Jesse Jackson on air time to push his hate. He only comes on to destroy someone and to enrich himself. I think we have had enough of his "do as I say and not as I do". Of all the millions he has collected from companies what good has he done for anyone?

June 8, 2010 at 1:25 pm

Jay

Did the CEO want this? Are you kidding me? What CEO (who is paid on the performance of his company) would want a disaster to happen that ruins the perception and stock value of his company? Also - would replacing him eliminate the oil spill? Would it make the clean go faster? No, this is an accident that will take time to fix.

June 8, 2010 at 1:19 pm

medical assistant

Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed browsing your blog posts. In any case I’ll be subscribing to your feed and I hope you write again soon!

June 8, 2010 at 1:25 am

Carla, Ballwin,MO

He's a topnotch geologist,just not super-sensitive -"I want my life back." Those eleven brave oil rig workers,the local Gulf Coast residents, the beautiful gulf,wildlife and landscape would like their lives back! Stay or go? Stay for now - fix it - find it's cause - make improvements so this prayfully won't happen again. The board and stockholders will determine his fate - my prediction - he keeps his job.

June 7, 2010 at 1:13 pm

walt

bp ceo should stay over all he is doing a good job. i do wonder how much oil was spilled from ships sunk in ww2 plus how much is leaked or dumped by ships that are sailing today and what damage is or has it done

June 7, 2010 at 1:03 pm

about this blog

  • Cheryl Casone joined FOX Business Network (FBN) in September 2007 as an anchor. Prior to FBN, Casone served as a correspondent for FOX News Channel’s (FNC) business unit and was a regular guest on FNC’s Your World with Neil Cavuto. Casone brings years of experience covering finance, business, and consumer news to FBN.

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