Overview
- Westcott moves from acting chief to CEO and managing director following an internal and external recruitment process.
- Chair Richard Goyder cited her operational track record, including oversight of Scarborough and Australian operations, as decisive.
- Woodside shares rose modestly following the announcement, reflecting investor preference for leadership continuity.
- Her fixed annual pay is A$2.3 million with performance‑based incentives, and executive pay structures now tie a material portion to safety and climate objectives.
- The new CEO inherits delivery risks across major LNG and lower‑carbon projects after timing and operational delays prompted an adjusted 2026 production outlook.