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CEO safe for now, heat on chairman: BP investors

LONDON (Reuters) - BP CEO Tony Hayward may cling on after Thursday's mauling by U.S. lawmakers over the Gulf of Mexico oil spill, investors and analysts said, while chairman Carl-Henric Svanberg looked less secure.

LONDON (Reuters) - BP CEO Tony Hayward may cling on after Thursday's mauling by U.S. lawmakers over the Gulf of Mexico oil spill, investors and analysts said, while chairman Carl-Henric Svanberg looked less secure.

BP shares gained in London after Chief Executive Hayward managed to fend off attacks by a congressional committee, and as hopes rose its $20 billion oil spill compensation and clean-up fund would cool investor anger. The oil giant has also said it will suspend dividends for the rest of the year.

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