It appears BP CEO Tony Hayward will get his wish, and should have more free time in the coming months. News leaked over the weekend that the British executive is on his way out following months of public relations hell in the wake of the Deepwater Horizon blowout, ending a three-year stint as head of the oil corporation.

The Financial Times reports Hayward is likely to be nominated for a position on the board of Russian joint ventureTNK BP. Robert Dudley, an American raised in Mississippi who has been overseeing BP's oil spill response since last month, is expected to be named the new CEO tomorrow.

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