BP appoints Woodside Energy’s Meg O’Neill as CEO

Core Viewpoint - BP has appointed Meg O'Neill as the new CEO, effective from April 1, 2026, following the resignation of Murray Auchincloss, who will remain in an advisory role until December 2026 [1][2][5]. Group 1: Leadership Transition - Meg O'Neill is currently the CEO of Woodside Energy and has a strong background in the energy sector, having previously worked at ExxonMobil for 23 years [4][5]. - Carol Howle will serve as interim CEO until O'Neill takes over [1]. - Liz Westcott has been named acting CEO of Woodside Energy, effective December 18, 2025, following O'Neill's resignation [5]. Group 2: Strategic Vision - BP's chairman, Albert Manifold, expressed confidence in O'Neill's ability to drive transformation and growth, emphasizing her focus on financial discipline [2][3]. - The board believes that this leadership transition will accelerate BP's strategic vision to become a simpler, leaner, and more profitable company [3]. - O'Neill's leadership at Woodside included overseeing significant acquisitions, which expanded the company's asset portfolio [5][6]. Group 3: Industry Impact - O'Neill highlighted BP's critical role in delivering energy globally and expressed her commitment to reestablishing market leadership and enhancing shareholder value [6].