CEO Succession
| Stock | Woodside Energy Group Ltd (WDS.ASX) |
|---|---|
| Release Time | 18 Dec 2025, 9 a.m. |
| Price Sensitive | Yes |
Woodside CEO Resigns, Appoints Acting CEO
- Meg O'Neill resigns as Woodside CEO to join bp as CEO
- Liz Westcott appointed as Acting CEO effective 18 December 2025
- Westcott has deep global operational leadership experience
- Woodside to conclude CEO succession process in Q1 2026
Woodside Energy Group Ltd has announced that CEO and Managing Director, Meg O'Neill, has advised the Board of her resignation and has accepted the role of Chief Executive Officer at bp p.l.c. The Board has appointed Liz Westcott as Acting CEO, effective 18 December 2025. Ms Westcott is a widely respected senior executive with deep global operational leadership, having led Woodside's Australian Operations as Executive Vice President and Chief Operating Officer Australia since joining Woodside in June 2023. Prior to Woodside, she was the Chief Operating Officer at Energy Australia, following a 25-year career at ExxonMobil working in Australia, the United Kingdom and Italy. Woodside Chair Richard Goyder congratulated Ms O'Neill on her appointment as bp CEO and thanked her for her significant contributions to Woodside. He noted that the Board's appointment of Ms O'Neill as CEO in 2021 set the foundation for Woodside's transformational growth over recent years, including the merger with BHP Petroleum, final investment decisions on major projects, and continued high performance across Woodside's global operations portfolio. Mr Goyder stated that Ms Westcott's appointment as Acting CEO provides strong continuity for Woodside's business and its people, and that she will lead the highly capable Executive Leadership Team to continue executing the company's strategy to deliver shareholder value. The Board's ongoing focus on CEO succession planning means Woodside is well positioned to conclude the process efficiently, with the intention of announcing a permanent appointment in the first quarter of 2026.