Woodside Energy Opts for 'Safe, Experienced' Choice as CEO -- Market Talk

Dow Jones03-19 06:41

Macquarie's view of new Woodside Energy CEO Liz Westcott: a safe, experienced pair of hands who has proven themselves. Westcott, who has been acting CEO since December, isn't likely to shift strategy much. Macquarie says her leadership of the Australia business and familiarity with operations could have placed her in a strong position when internal candidates were considered. "We suspect the board may have had to weigh up the risks of going external (e.g. bringing in a change agent) when multiple projects are in execution phase concurrently," Macquarie says. It retains a neutral call on Woodside. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 18, 2026 18:41 ET (22:41 GMT)

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Macquarie says her leadership of the Australia business and familiarity with operations could have placed her in a strong position when internal candidates were considered. \"We suspect the board may have had to weigh up the risks of going external (e.g. bringing in a change agent) when multiple projects are in execution phase concurrently,\" Macquarie says. It retains a neutral call on Woodside. 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Westcott, who has been acting CEO since December, isn't likely to shift strategy much. Macquarie says her leadership of the Australia business and familiarity with operations could have placed her in a strong position when internal candidates were considered. \"We suspect the board may have had to weigh up the risks of going external (e.g. bringing in a change agent) when multiple projects are in execution phase concurrently,\" Macquarie says. It retains a neutral call on Woodside. 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