{"id":945177,"date":"2026-03-17T18:46:07","date_gmt":"2026-03-17T22:46:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/liz-westcott-appointed-woodside-ceo\/"},"modified":"2026-03-17T18:46:07","modified_gmt":"2026-03-17T22:46:07","slug":"liz-westcott-appointed-woodside-ceo","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/liz-westcott-appointed-woodside-ceo\/","title":{"rendered":"Liz Westcott Appointed Woodside CEO"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistdisc { list-style-type: disc }\n.bwpadl0 { padding-left: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Liz Westcott Appointed Woodside CEO<\/b><\/p>\n<p>PERTH, Australia&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 417px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260317803871\/en\/2750611\/4\/Liz_Westcott.jpg\" alt=\"Woodside Energy CEO Liz Westcott.\" \/><\/p>\n<p style=\"font-size:85%\">Woodside Energy CEO Liz Westcott.<\/p>\n<\/div>\n<p>\nMs Westcott, who has served as Woodside Acting CEO since the departure of Meg O\u2019Neill in December 2025, has a proven track record of outstanding leadership and achievement across more than 30 years in the global energy industry.<\/p>\n<p>\nSince joining the company in June 2023, Ms Westcott has led Woodside\u2019s Australian Operations, including the Scarborough Energy Project and Bass Strait operator transition, as Executive Vice President and Chief Operating Officer Australia.<sup>1<\/sup> She was previously the Chief Operating Officer at EnergyAustralia, following a 25-year career at ExxonMobil working in Australia, the United Kingdom and Italy.<\/p>\n<p>\nThrough these roles Ms Westcott has developed deep industry expertise across a range of areas including strategic planning, commercial and business development, operations, project execution, government and regulatory engagement, sustainability and stakeholder relationships.<\/p>\n<p>\nWoodside Chair Richard Goyder congratulated Ms Westcott on her appointment, which followed a comprehensive recruitment process involving exceptional internal and external candidates.<\/p>\n<p>\nMr Goyder said Ms Westcott\u2019s appointment reflected the depth of executive talent at Woodside, the result of considered succession planning overseen by the Board.<\/p>\n<p>\n\u201cI am delighted with the appointment of Liz as Woodside\u2019s next CEO and Managing Director.<\/p>\n<p>\n\u201cLiz\u2019s proven track record of outstanding strategic leadership and disciplined delivery distinguished her as the Board\u2019s top candidate for this role.<\/p>\n<p>\n\u201cLiz\u2019s extensive industry experience and strategic vision will be invaluable in leading Woodside at this significant moment in its history, as we position the company to meet growing global energy demand and deliver long-term shareholder value.\u201d<\/p>\n<p>\nMs Westcott said she was honoured to lead Woodside.<\/p>\n<p>\n\u201cWoodside is a great company with highly talented people and a proud track record of delivery for our customers and stakeholders.<\/p>\n<p>\n\u201cMy focus as CEO is on sustainable value creation for Woodside shareholders, operational excellence and disciplined execution of our growth projects.<\/p>\n<p>\n\u201cI look forward to working closely with the Board and Woodside\u2019s strong leadership team to continue building a leading global energy company that delivers long-term value for shareholders, underpinned by a consistent focus on sustainability and high performance.\u201d<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl\">\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n____________________________________<\/p>\n<p><sup>1<\/sup> Completion of the transaction is subject to conditions precedent. See &#8220;Woodside strengthens its Australian Operations&#8221; announced on 29 July 2025<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p><b>Appendix<\/b><\/p>\n<p><b>Summary of material CEO employment terms for Liz Westcott<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nEmployment is ongoing, subject to termination on 6 months\u2019 notice by either party. Woodside may, at its discretion, make payment in lieu of part or all of the notice period. Employment may be immediately terminated for defined causes.<\/p>\n<\/li>\n<li>\nMs Westcott\u2019s Fixed Annual Reward (FAR) on appointment will be A$2,300,000, which is inclusive of base salary, benefits and allowances, statutory minimum superannuation contributions, directors fees for all Woodside Group companies and salary continuance benefits.<\/p>\n<\/li>\n<li>\nMs Wescott is eligible to receive Variable Annual Reward, which from FY2026, comprises a short-term incentive (STI) and long-term incentive (LTI) component.<\/p>\n<\/li>\n<li>\nThe STI opportunity is 180% of FAR at target, with a maximum of 270% of FAR. The STI will be delivered in two equal components: cash and Restricted Shares, with the Restricted Shares subject to a two-year deferral period. Any portion of the STI award above target will be delivered entirely as Restricted Shares.<\/p>\n<\/li>\n<li>\nThe LTI opportunity is 300% of FAR, and will be delivered in Performance Rights. Performance Rights will be tested over a three-year performance period, and will be subject to an additional two-year service condition after the end of the performance period.<\/p>\n<\/li>\n<\/ul>\n<p><b>Liz Westcott Biography<\/b><\/p>\n<p>\nLiz Westcott has served as Acting CEO of Woodside since December 2025.<\/p>\n<p>\nLiz joined Woodside in 2023 as Executive Vice President Australian Operations, and in 2024 was appointed Executive Vice President &amp; Chief Operating Officer Australia, leading Woodside\u2019s Australian projects and business operations.<\/p>\n<p>\nPrior to joining Woodside, Liz most recently held the role of Chief Operating Officer at EnergyAustralia, where she had broad leadership responsibilities across EnergyAustralia\u2019s generation portfolio.<\/p>\n<p>\nLiz had a 25-year career at ExxonMobil working in Australia, the United Kingdom and Italy, including a secondment in 2013 to Adriatic LNG as Managing Director. Her roles spanned strategic planning, operations, project management, and safety, technical and commercial leadership.<\/p>\n<p>\nLiz serves on the Board of Australian Energy Producers. She holds a Bachelor of Commerce and Bachelor of Civil Engineering from Melbourne University and is a graduate of the Australian Institute of Company Directors.<\/p>\n<p><i>This announcement was approved and authorised for release by Woodside\u2019s Disclosure Committee.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260317803871r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/<\/a><\/span><\/p>\n<p><b>INVESTORS<br \/>\n<\/b><br \/><b>Vanessa Martin<br \/>\n<\/b><br \/>M: +61 477 397 961<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:investor@woodside.com\">investor@woodside.com<\/a><\/p>\n<p><b>MEDIA<br \/>\n<\/b><br \/><b>Christine Abbott<br \/>\n<\/b><br \/>M: +61 484 112 469<br \/>\n<br \/>E: <a rel=\"nofollow\" href=\"mailto:christine.abbott@woodside.com\">christine.abbott@woodside.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Australia\/Oceania Australia United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> White House\/Federal Government Public Policy\/Government Other Energy Oil\/Gas Alternative Energy Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260317803871\/en\/2750611\/3\/Liz_Westcott.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Woodside Energy CEO Liz Westcott.<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Liz Westcott Appointed Woodside CEO PERTH, Australia&#8211;(BUSINESS WIRE)&#8211; The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/ Woodside Energy CEO Liz Westcott. Ms Westcott, who has served as Woodside Acting CEO since the departure of Meg O\u2019Neill in December 2025, has a proven track record of outstanding leadership and achievement across more than 30 years in the global energy industry. Since joining the company in June 2023, Ms Westcott has led Woodside\u2019s Australian Operations, including the Scarborough Energy Project and Bass Strait operator transition, as Executive Vice President and Chief Operating Officer Australia.1 She was previously the Chief Operating Officer at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liz-westcott-appointed-woodside-ceo\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Liz Westcott Appointed Woodside CEO&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-945177","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Liz Westcott Appointed Woodside CEO - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/liz-westcott-appointed-woodside-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liz Westcott Appointed Woodside CEO - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Liz Westcott Appointed Woodside CEO PERTH, Australia&#8211;(BUSINESS WIRE)&#8211; The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260317803871\/en\/ Woodside Energy CEO Liz Westcott. Ms Westcott, who has served as Woodside Acting CEO since the departure of Meg O\u2019Neill in December 2025, has a proven track record of outstanding leadership and achievement across more than 30 years in the global energy industry. Since joining the company in June 2023, Ms Westcott has led Woodside\u2019s Australian Operations, including the Scarborough Energy Project and Bass Strait operator transition, as Executive Vice President and Chief Operating Officer Australia.1 She was previously the Chief Operating Officer at &hellip; Continue reading &quot;Liz Westcott Appointed Woodside CEO&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/liz-westcott-appointed-woodside-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-03-17T22:46:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260317803871\/en\/2750611\/4\/Liz_Westcott.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Liz Westcott Appointed Woodside CEO\",\"datePublished\":\"2026-03-17T22:46:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/\"},\"wordCount\":826,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260317803871\\\/en\\\/2750611\\\/4\\\/Liz_Westcott.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/liz-westcott-appointed-woodside-ceo\\\/\",\"name\":\"Liz Westcott Appointed Woodside CEO - 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