The surprise appointment of BP’s third chief executive in a tumultuous five years reflects the embattled fossil fuel producer’s need for profound change. The hiring of Meg O’Neill appears to offer exactly that.
The 55-year-old from Boulder, Colorado, is the first female head of a major oil company, and the first “outsider” to be hired to a position usually reserved for company veterans. She joins from the Australian oil and gas company Woodside, where she took up her first chief executive role only four years ago.