Meg O’Neill has been appointed as bp’s chief executive officer to replace Murray Auchincloss who stepped down on 18 December. Carol Howle, executive vice president, supply, trading and shipping is to serve as interim CEO until O’Neill joins as CEO…
Meg O’Neill has been appointed as bp’s chief executive officer to replace Murray Auchincloss who stepped down on 18 December. Carol Howle, executive vice president, supply, trading and shipping is to serve as interim CEO until O’Neill joins as CEO on 1 April.
O’Neill currently serves as CEO of Woodside Energy. Since her appointment as CEO in 2021. ‘She has grown Woodside Energy into the largest energy company listed on the Australian Securities Exchange,’ said bp in a statement. ‘She oversaw the transformative acquisition of BHP Petroleum International, creating a geographically diverse business with a portfolio of high-quality oil and gas assets.’
Before joining Woodside Energy in 2018, Meg spent 23 years at ExxonMobil in technical, operational and leadership positions around the world.
Albert Manifold, chair of bp, said: ‘Her proven track record of driving transformation, growth, and disciplined capital allocation makes her the right leader for bp. Her relentless focus on business improvement and financial discipline gives us high confidence in her ability to shape this great company for its next phase of growth and pursue significant strategic and financial opportunities.’
O’Neill said: ‘With an extraordinary portfolio of assets, bp has significant potential to re-establish market leadership and grow shareholder value. I look forward to working with the bp leadership team and colleagues worldwide to accelerate performance, advance safety, drive innovation and sustainability and do our part to meet the world’s energy needs.’
