BP CEO SET TO RECEIVE 18 MILLION PAYOUT

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Reports out today state that embattled BP Chief Executive Tony Hayward is set to rack up a $18.03 million dollar (or 11.8 million pounds their money) settlement as he steps down as CEO of BP. Hayward became the face of  BP's flailing efforts to control the Gulf oil spill. It is not clear what Hayward's new role with the company will be.