Liberty is being free from the things we don't like in order to be slaves of the things we do like.--Ernest Benn

Saturday, June 19, 2010

BP CEO Tony Hayward Races his Yacht in Clear Blue Water

News Item
Saturday June 19, 2010, near Cowes, Isle of Wight, off the south coast of England
The sun rises before the 5am start during the JP Morgan Asset Management Round the Island Race, and includes the yacht "Bob" (left), co-owned by BP Chief Executive Tony Hayward.

Mr. Hayward took time off Saturday to attend a glitzy yacht race around England's Isle of Wight. Hayward took a break from overseeing BP efforts to stem the undersea gusher in Gulf of Mexico so he could watch his boat "Bob" participate in the J.P. Morgan Asset Management Round the Island Race. The 52-foot yacht is made by the Annapolis, Maryland-based boatbuilder Farr Yacht Design.
Tony Hayward, center,
sits aboard his yacht Bob, during the JP Morgan Asset Management Round the Island Race, Saturday June 19, 2010.

Hundreds of yachts take part in the 50 nautical mile clockwise circumnavigation of the Isle of Wight.

No troubled waters there!


  1. After the lambasting he took the other day, he must have felt like it was all just a bad dream once he was on board. Unfortunately, no matter how much he pinches himself, it's no dream.

  2. Bad Dreams? It's all relative. According to Associated Press, Tony Hayward salary in 2009 is $4.7 million, reporting that he earned $3.7 the year prior and Tony Hayward net worth is about $20 million.Other media predicted that Tony Hayward salary was more than $5.92 million. This analysis is included awards and some bonuses for aspects such as hitting safety and cost-reduction targets.

    After knowing amount of Tony Hayward salary and his net worth, is he underpaid or overpaid? It’s your opinion! But the average salary for person who works as Petroleum Refining and Related Industries CEO is $8.4 million. In short, the Tony Hayward salary is probably one of the lower-paid CEOs in the oil industry.