Australia’s Woodside makes leadership changes

Australian LNG player Woodside has made changes to its leadership team.

Woodside said in a statement on Friday the revised structure, which will take effect from August 1 2024, aggregates and elevates core business activities into a simplified operating model.

CEO Meg O’Neill said the changes are “an evolution of the operating model established following the merger with BHP’s petroleum business, supporting safe, reliable, and cost-efficient execution of base business, and setting the company up for future growth and value creation.”

The company is fully integrating its traditional and new energy business and is also consolidating operations and project delivery in a regional model.

“Our new executive team balances continuity with change, adding new capabilities and streamlining accountabilities,” she said.

Key elements of the revised leadership structure include aggregating all project execution and operational activities under two regional executive vice president (EVP) and chief operating officer roles, one for Australia and one for International.

The changes include integrating all traditional and new energy growth and opportunity capture activity, including exploration and M&A, into one business group under a new EVP and chief commercial officer role, as well as integrating all traditional and new energy technical and project development activities under a new EVP technical and energy development role

Woodside said the changes also in include elevating corporate strategy activities to a single EVP role, and establishing dedicated executive leadership team (ELT) roles for human resources, legal and group general counsel, and external affairs.

Woodside’s new executive leadership team now consists of EVP and CFO, Graham Tiver, EVP and COO Australia, Liz Westcott, EVP and COO International, Daniel Kalms, EVP and CCO, Mark Abbotsford, EVP technical and Energy Development, Julie Fallon, EVP strategy, Andy Drummond, EVP external Aafairs, Tony Cudmore, SVP human resources, Ruth Lyall, and SVP legal and group general counsel, Rebecca McNicol.

O’Neill thanked departing ELT members Shiva McMahon and Matthew Ridolfi for their leadership and contributions during a “transformational period” for the company.

She also thanked Shaun Gregory for the momentum achieved under his leadership of Woodside’s new energy business, and said Gregory would continue at Woodside in the role of adviser to the CEO.

“I also welcome Ruth Lyall and Rebecca McNicol as new members of the executive. Ruth and Rebecca will bring strong capabilities, experience and new perspectives to Woodside’s leadership team,” she said.

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