Woodside confirms Liz Westcott as CEO after acting stint
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The news: Woodside has confirmed that acting CEO Liz Westcott has been permanently appointed to the role after her predecessor Meg O’Neill took the top job at BP in December 2025.
The context: Westcott first joined Woodside in June 2023 as the head of the gas giant’s Australian operations. This included overseeing the Scarborough Energy Project and Bass Strait operator transition as executive vice president and chief operating officer Australia.
She has also previously been EnergyAustralia’s chief operating officer and spent 25 years at ExxonMobil.
Woodside chair Richard Goyder said Westcott’s appointment “followed a comprehensive recruitment process involving exceptional internal and external candidates”.
Westcott’s fixed annual reward once in the role will be $2.3 million. This includes base salary, benefits and allowances, statutory minimum superannuation contributions, directors’ fees for all Woodside Group companies and salary continuance benefits.
What they said: “Liz’s proven track record of outstanding strategic leadership and disciplined delivery distinguished her as the Board’s top candidate for this role,” Goyder said.
“Liz’s extensive industry experience and strategic vision will be invaluable in leading Woodside at this significant moment in its history, as we position the company to meet growing global energy demand and deliver long-term shareholder value.”
The source: ASX
