{"id":920814,"date":"2025-12-17T18:06:19","date_gmt":"2025-12-17T23:06:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/woodside-energy-ceo-succession\/"},"modified":"2025-12-17T18:06:19","modified_gmt":"2025-12-17T23:06:19","slug":"woodside-energy-ceo-succession","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/woodside-energy-ceo-succession\/","title":{"rendered":"Woodside Energy CEO Succession"},"content":{"rendered":"

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Woodside Energy<\/b> CEO Succession<\/b><\/p>\n

PERTH, Australia–(BUSINESS WIRE<\/a>)–
\nWoodside CEO and Managing Director, Meg O\u2019Neill, has advised the Board of her resignation and has accepted the role of Chief Executive Officer at bp p.l.c.\n<\/p>\n

\nThe Board has appointed Liz Westcott as Acting CEO, effective 18 December 2025.\n<\/p>\n

\nA widely respected senior executive with deep global operational leadership, Ms Westcott has led Woodside\u2019s Australian Operations as Executive Vice President and Chief Operating Officer Australia since joining Woodside in June 2023.\n<\/p>\n

\nMs Westcott was previously the Chief Operating Officer at Energy Australia, following a 25-year career at ExxonMobil working in Australia, the United Kingdom and Italy. Her career has spanned roles in strategic planning, operations, project management, and safety, technical and commercial leadership.\n<\/p>\n

\nWoodside Chair Richard Goyder congratulated Ms O\u2019Neill on her appointment as bp CEO and thanked her for her significant contributions to Woodside.\n<\/p>\n

\n\u201cThe Board\u2019s appointment of Meg as CEO in 2021 set the foundation for Woodside\u2019s transformational growth over recent years. This strong business performance has been translated into approximately $11 billion in dividends paid to shareholders since 2022, and a growth trajectory which is expected to deliver significant value.\n<\/p>\n

\n\u201cMeg leaves Woodside in a strong position, having led the company through the merger with BHP Petroleum, final investment decision on the Scarborough Energy Project, startup of the Sangomar Project, final investment decision for the Louisiana LNG Project, the Beaumont New Ammonia acquisition, introduction of a number of high quality partners in those projects and continued high performance across Woodside\u2019s global operations portfolio.\n<\/p>\n

\n\u201cLiz\u2019s appointment as Acting CEO provides strong continuity for our business and its people. She will lead and work with Woodside\u2019s highly capable Executive Leadership Team to continue to execute against Woodside\u2019s strategy to deliver shareholder value through disciplined decision-making and operational excellence.\n<\/p>\n

\n\u201cWoodside\u2019s priorities for 2026 are clear. Liz and her team will focus on safe and efficient operations, execution of major projects and retaining an unwavering focus on staying the strategic course laid out most recently at Woodside\u2019s November 2025 Capital Markets Day.\n<\/p>\n

\n\u201cThe Board\u2019s ongoing focus on CEO succession planning means Woodside is fortunate to have a number of highly qualified internal candidates as we also assess external talent options to ensure the best possible CEO appointment. We are well positioned to conclude this process efficiently with the intention of announcing a permanent appointment in the first quarter of 2026,\u201d Mr Goyder said.\n<\/p>\n

Appendix<\/b><\/p>\n

\nLeaving arrangements of Meg O\u2019Neill\n<\/p>\n