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The Guardian - UK
The Guardian - UK
Business
Jillian Ambrose Energy correspondent

BP’s new boss will take home at least £11.7m this year, more than double her predecessor

British Petroleum Meg ONeill Oil Murray Auchincloss Woodside Energy Albert Manifold
Meg O'Neill
Most of Meg O’Neill’s pay packet will be payments by BP to compensate for the share awards she was due to get over the next five years in her previous role. Photograph: Darren England/AAP

The incoming chief executive of BP will take home at least £11.7m this year after joining the embattled oil company from a rival, more than double the pay packet earned by her predecessor.

Meg O’Neill will join BP from the Australian oil company Woodside Energy in April as the company’s first external hire to its top job, and the first woman to serve as chief executive at the 117-year-old oil major.

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