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BP’s Dudley May Replace Hayward as CEO, Times Says

BP Plc’s Robert Dudley is the front-runner to replace Chief Executive Officer Tony Hayward, who is set to step down in the next 10 weeks, the London-based Times reported, citing unnamed people close to the company.

An announcement about a successor to Hayward, under fire for BP’s handling of the Gulf of Mexico oil disaster, may be made in late August or early September, the newspaper said.