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BP Appoints Meg O'Neill as First Female CEO

3/6/2026

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Story summary
  • Meg O’Neill, formerly with Woodside Energy, will become BP's first female chief executive in April 2026, with at least £11.7 million in total pay.
  • The package comprises a £1.6 million base salary and £10.1 million in share-award compensation from her former role.
  • BP's 2025 profits fell to just below $7.5 billion, down from nearly $9 billion in 2024, as oil prices declined.