As I warned yesterday, Tony Hayward’s mummery before a House subcommittee was prelude to his marginalization (and likely to his eventual ouster) as BP’s CEO.

From Britain’s Sky News via Politico:

A day after he was grilled by a Congressional committee, BP CEO Tony Hayward has agreed to hand over day-to-day operation on the Gulf oil spill to company executive Bob Dudley, BP Board Chairman Carl-Henric Svanberg tells Sky News.