BP names Meg O’Neill as new chief executive after incumbent ousted

O’Neill, who has led Woodside Energy since 2021, will be BP’s first female chief executive

BP’s board has appointed its first female chief executive in a bid to revive the oil company’s fortunes, after ousting Murray Auchincloss less than two years into his role.

In an unexpected leadership shake-up Auchincloss will step down as chief executive with immediate effect, but remain in an advisory role until the end of next year.