CEOs must recognize “the inextricably intertwined roles of symbolism and substance in the office of CEO today,” said Jeffrey Sonnenfeld, a senior associate dean at the Yale School of Management. Sonnenfeld was referring to Tony Hayward, the BP CEO who has been strongly criticized for his apathetic handling of the oil spill disaster. Since he […]
NAACP outraged over job placement of African-Americans in oil spill recovery.
(Daily Beast) — As oil continues to gush into the Gulf, the oil giant’s embattled CEO, Tony Hayward, is on an around-the-world tour to save his company and his reputation, but Tom Bower reports that he’s likely to be gone soon. Read More…
There’s a tried and true recipe for creating an air of trustworthiness; add one negro.
(BET News) — A day after agreeing to a $20 billion victims’ compensation fund, BP’s chief executive is ready to tell Congress that he was “personally devastated” by the explosion of the Deepwater Horizon oil rig and understands the anger that Americans feel toward him and his company. CEO Tony Hayward’s contrition isn’t likely to […]