BP(US:BP) Zhong Guo Hua Gong Bao·2025-12-19 09:08Core Viewpoint - BP has announced the appointment of Meg O'Neill as the next CEO, effective April 1, 2026, marking the first female CEO in the company's history [1] Management Changes - O'Neill will replace Murray Auchincloss, who has served as CEO for less than two years [1] - This marks the second CEO change for BP in under two years, following Auchincloss's appointment in January 2024 after Bernard Looney's resignation [1] Background of New CEO - Meg O'Neill has been the CEO of Woodside Energy since 2021, leading it to become the largest energy company listed on the Australian Securities Exchange [1] - Prior to her role at Woodside, O'Neill worked for ExxonMobil for 23 years, holding various technical, operational, and managerial positions [1] Company Performance Context - The management change comes as BP faces challenges in its transition to renewable energy, resulting in profitability issues and a stock price lagging behind competitors like ExxonMobil and Shell [1]