July 25, 2010 / 9:50 AM / 10 years ago

BP to discuss CEO Hayward's exit on Monday

BP CEO Tony Hayward takes questions while testifying about the BP oil spill in the Gulf of Mexico, at a House Energy and Commerce Committee hearing on Capitol Hill in Washington, June 17, 2010. REUTERS/Larry Downing

LONDON (Reuters) - BP Plc’s board will discuss the future of Chief Executive Tony Hayward when it meets on Monday to discuss the Gulf of Mexico oil spill and the firm’s second-quarter results, sources familiar with the matter said.

They said the focus will be on the timing of Hayward’s departure, rather than whether or not he would stay with the company.

“The details are being worked out,” one source said.

Reporting by Tom Bergin, editing by James Davey; editing by Karen Foster

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