For years, Meg O’Neill clashed with environmentalists as chief executive of one of Australia’s biggest energy companies. Now she has been tapped to lead BP BP -1.20%decrease; red down pointing triangle and steer the company back to its oil-and-gas roots.
BP named the American former Exxon Mobil XOM -0.96%decrease; red down pointing triangle executive as its new boss in an unexpected management shake-up Wednesday. She is set to take the helm of a storied yet often troubled energy producer that is aiming to reinvigorate its fossil-fuel business after an ill-timed turn toward renewable energy.
O’Neill, who is set to join the London-based company from Australia’s Woodside Energy WDS -2.65%decrease; red down pointing triangle in April, is a dealmaker who is willing to go to bat for the oil-and-gas business. She will be the first woman to lead an oil major.
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Source: The Wall Street Journal
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