Woodside Energy Appoints Liz Westcott as Chief Executive Officer
Liz Westcott, CEO, Woodside Energy・Photo Credit: Woodside Energy
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PERTH, Australia, March 18, 2026 (VSNewsNetwork.com) — Energy company Woodside Energy has Chief Executive Officer announced the appointment of Elizabeth “Liz” Westcott as Chief Executive Officer and Managing Director.
Westcott has served as Acting CEO since December 2025 following the departure of Meg O’Neill. Her appointment follows a recruitment process that included internal and external candidates.
Westcott joined Woodside in June 2023 as Executive Vice President Australian Operations and was later appointed Executive Vice President and Chief Operating Officer Australia. In those roles, she led Woodside’s Australian operations, including the Scarborough Energy Project and the Bass Strait operator transition. Prior to joining Woodside, she served as Chief Operating Officer at EnergyAustralia and spent 25 years at ExxonMobil in roles across Australia, the United Kingdom, and Italy.
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Woodside Chair Richard Goyder commented on the appointment.
“I am delighted with the appointment of Liz as Woodside’s next CEO and Managing Director. Liz’s proven track record of outstanding strategic leadership and disciplined delivery distinguished her as the Board’s top candidate for this role. Liz’s extensive industry experience and strategic vision will be invaluable in leading Woodside at this significant moment in its history, as we position the company to meet growing global energy demand and deliver long-term shareholder value,” said Goyder.
Westcott also addressed her appointment.
“Woodside is a great company with highly talented people and a proud track record of delivery for our customers and stakeholders.
My focus as CEO is on sustainable value creation for Woodside shareholders, operational excellence and disciplined execution of our growth projects.
I look forward to working closely with the Board and Woodside’s strong leadership team to continue building a leading global energy company that delivers long-term value for shareholders, underpinned by a consistent focus on sustainability and high performance,” said Westcott.
Westcott’s Fixed Annual Reward will be $2,300,000, inclusive of base salary, benefits, allowances, statutory superannuation contributions, directors’ fees for Woodside Group companies, and salary continuance benefits. She will also be eligible for short-term and long-term incentive components beginning in fiscal year 2026.
Westcott holds a Bachelor of Commerce and a Bachelor of Civil Engineering from the University of Melbourne and is a graduate of the Australian Institute of Company Directors. She also serves on the Board of Australian Energy Producers.
For more information, visit www.woodside.com.
Source: Woodside Energy
