Who is the new CEO of BP?

Meg O'Neill has been appointed as the new CEO of BP, effective April 1, 2025.

What is Meg O'Neill's background?

Meg O'Neill previously served as the CEO of Woodside Energy and has 23 years of experience at ExxonMobil.

What is BP's focus with new leadership?

BP aims to maximize shareholder value by applying increased rigour and diligence to achieve transformative changes.

Home / Business and Economy / BP Taps Woodside CEO O'Neill for Top Job

BP Taps Woodside CEO O'Neill for Top Job

18 Dec, 2025

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Summary

Meg O'Neill appointed BP CEO from April 1, 2025.
Carol Howle will serve as interim CEO until O'Neill assumes role.
Chair calls for 'increased rigour and diligence' to maximize shareholder value.

BP Taps Woodside CEO O'Neill for Top Job

BP is set to appoint Meg O'Neill as its new Chief Executive Officer, effective from April 1, 2025. O'Neill, who currently leads Woodside Energy, brings a wealth of experience from her 23 years at ExxonMobil. She expressed optimism about BP's potential to regain market leadership and boost shareholder value through its extensive portfolio of assets.

Until O'Neill officially takes the helm, Carol Howle, currently an executive vice-president at BP, will serve as the interim CEO. This leadership transition signifies a strategic shift for the energy giant as it navigates the evolving market landscape and seeks to maximize returns for its investors.

The BP chair, Albert Manifold, highlighted the progress made in recent years but stressed the necessity for 'increased rigour and diligence.' He stated these efforts are crucial for implementing transformative changes aimed at ultimately increasing shareholder value.