Liz Westcott to serve as Acting CEO of Woodside

18 Dec Liz Westcott to serve as Acting CEO of Woodside

(Oilandgaspress) The Board of Woodside has appointed Liz Westcott as Acting CEO, effective 18 December 2025.

A widely respected senior executive with deep global operational leadership, Ms Westcott has led Woodside’s Australian Operations as Executive Vice President and Chief Operating Officer Australia since joining Woodside in June 2023.

Ms Westcott was previously the Chief Operating Officer at Energy Australia, following a 25-year career at
ExxonMobil working in Australia, the United Kingdom and Italy. Her career has spanned roles in strategic
planning, operations, project management, and safety, technical and commercial leadership.

Woodside 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.

Woodside Chair Richard Goyder congratulated Ms O’Neill on her appointment as bp CEO and thanked her for her significant contributions to Woodside.

Appointment of Liz Westcott

• Ms Westcott will commence as Acting CEO on an annual salary (including superannuation) of
  A$1,803,000 which includes a higher duties allowance of A$600,000 gross per annum.
• There will be no change to Ms Westcott’s incentive opportunity for FY2025 under the Woodside
  Executive Incentive Scheme (EIS).
• Ms Westcott’s incentive opportunity for FY2026 will be increased pro rata to reflect her higher salary
  as Acting CEO.

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