Things have been going pretty nicely for Tony Hayward lately. He finally got taken off that bitch of a project his boss had him working on 'round the clock, thereby freeing up his time to really get out there and live life to the fullest, he was able to take in some nice yacht races and his sets at the Laugh Factory's latest open mic night went really, really well (NB: with the right execution, an oil spill joke can be quite the crowd pleaser). In fact, he was actually kicking around the idea of quitting his job entirely, and truly giving that stand-up a shot. Sure, it would be hard at first-- this is something he's never done this professionally, and it would be a while before he could begin to even think about possibly making a living off of it. But, he did have a nice golden parachute to look forward to, which could help the gap period before he really made it big. Or at least he thought he did. So this? Was a real kick in the pants.
If embattled BP chief executive Tony Hayward leaves the company, he is not likely to walk with a massive windfall, compensation experts said."He will be lucky to get a single year's salary," said Paul Hodgson, a senior researcher at The Corporate Library, a governance group. "And even that could be mitigated in certain circumstances."