PriceSensitive

Woodside (ASX:WPL) appoints Meg O’Neill as acting CEO

ASX 200
13 April 2021 17:10 (AEST)
Woodside (ASX:WPL) - Acting CEO, Meg O’Neill

Source Business News

Woodside’s (WPL) Meg O’Neill has been selected as acting Chief Executive Officer ahead of Peter Coleman’s resignation in June.

Meg O’Neill who is currently the energy giant’s Executive Vice President of Development and Marketing will assume her position as acting CEO from April 20, with the company’s search for a permanent arrangement still “progressing.”

She joined Woodside in 2018 as Chief Operations Officer and has previously held senior roles for ExxonMobil, including regional production and development leadership positions.

Woodside Chairman Richard Goyder said the company was very pleased to announce the appointment.

“The board is very pleased to announce the appointment of Meg O’Neill as acting CEO. Meg has demonstrated that she is an extremely capable executive, underpinned by her extensive experience and track record in the global energy sector,” he commented.

Outgoing CEO Peter Coleman is set to retire on June 3 of this year, by which time he will have served as Woodside’s CEO for over a decade.

He will relinquish his board position on April 19.

Peter announced he would step down in December last year, affirming it was the right time for him to retire and that he was proud of what his team had delivered in the past 10 years.

Woodside Petroleum shares have closed the session down 0.29 per cent to trade at $24.26.

Related News