BP names Meg O’Neill as new chief executive as incumbent steps down

The oil and gas company’s chair says ‘increased rigour and diligence’ required to maximise value for shareholders

BP announced on Wednesday that it would appoint Meg O’Neill as its chief executive officer from 1 April next year, after an abrupt exit by Murray Auchincloss.

O’Neill will become BP’s first chief executive appointed from outside the company, and the first woman to head any of the world’s top five oil companies.

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