BPPFF 6-K
Bp PLC (BP)
6-K
2025-12-18
For: 2025-12-17
View Original
Added on
April 08, 2026
Washington, D.C. 20549
Form 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
17
December, 2025
BP p.l.c.
(Translation
of registrant's name into English)
1 ST JAMES'S SQUARE, LONDON, SW1Y 4PD, ENGLAND
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F |X| Form 40-F
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Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of
1934.
Yes No
|X|
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Exhibit
1.1
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BP
p.l.c. Announces Leadership Transition dated 17
December
2025
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Exhibit 1.1
press
release
17 December 2025
BP p.l.c. Announces Leadership Transition
●
Meg O’Neill to serve as next CEO of bp, effective 1 April
2026
●
Murray Auchincloss steps down as CEO and director of the
Board
●
Carol Howle to serve as interim CEO
BP
p.l.c. (LSE and NYSE:bp) (“bp”) announces that the bp
Board has appointed Meg O’Neill as bp’s next chief
executive officer (“CEO”), effective 1 April 2026.
Murray Auchincloss has decided to step down from his position as
CEO and director of the Board, effective Thursday, 18 December.
Carol Howle, current executive vice president, supply, trading
& shipping of bp, will serve as interim CEO until Meg joins as
CEO. Murray will serve in an advisory role until December 2026 to
ensure a smooth transition.
Meg
currently serves as CEO of Woodside Energy. Since her appointment
as CEO in 2021, Meg O’Neill has grown Woodside Energy into
the largest energy company listed on the Australian Securities
Exchange. Among her many accomplishments at Woodside Energy, she
oversaw the transformative acquisition of BHP Petroleum
International, creating a geographically diverse business with a
portfolio of high-quality oil and gas assets. Before joining
Woodside Energy in 2018, Meg spent 23 years at ExxonMobil in
technical, operational and leadership positions around the
world.
Albert Manifold, Chair of bp, said: “We are delighted
to welcome Meg O’Neill to the bp team. Her proven track
record of driving transformation, growth, and disciplined capital
allocation makes her the right leader for bp. Her relentless focus
on business improvement and financial discipline gives us high
confidence in her ability to shape this great company for its next
phase of growth and pursue significant strategic and financial
opportunities.
“Following
a comprehensive succession planning process, the Board believes
this transition creates an opportunity to accelerate our strategic
vision to become a simpler, leaner, and more profitable company.
Progress has been made in recent years, but increased rigor and
diligence are required to make the necessary transformative changes
to maximise value for our shareholders.”
Meg O’Neill said: “bp plays a critical role in
delivering energy to customers around the world. I am honoured to
serve as the company’s next CEO. With an extraordinary
portfolio of assets, bp has significant potential to reestablish
market leadership and grow shareholder value. I look forward to
working with the bp leadership team and colleagues worldwide to
accelerate performance, advance safety, drive innovation and
sustainability and do our part to meet the world’s energy
needs.”
Murray Auchincloss said: “After more than three
decades with bp, now is the right time to hand the reins to a new
leader. When Albert became Chair, I expressed my openness to step
down were an appropriate leader identified who could accelerate
delivery of bp’s strategy. I am confident that bp is now well
positioned for significant growth and I look forward to watching
the company’s future progress and success under Meg’s
leadership.”
Albert Manifold continued: “On behalf of the Board, I
want to thank Murray for his many contributions to bp and for his
commitment to our people and our business. We wish him every
success in his next chapter.
“The
Board is grateful for Carol’s willingness to serve as interim
CEO. With 25 years at bp, she has a deep knowledge of the company
and will ensure strategic continuity until Meg
joins.”
The
appointment of Meg O’Neill follows a search process overseen
by a search committee of the Board, assisted by an independent
recruitment firm, as part of the Board’s long-term succession
planning.
Save as
disclosed in this announcement, there is no other information
required to be disclosed pursuant to UK Listing Rule
6.4.8.
This
announcement contains inside information. The person responsible
for arranging the release of this announcement on behalf of BP
p.l.c., is Ben Mathews, Company Secretary.
bp press office, London: [email protected]
Meg O’Neill Biography
Meg
O’Neill has served as CEO of Woodside Energy since April of
2021, previously serving as Woodside Energy’s Chief
Operations Officer, Executive Vice President Development, and
Executive Vice President Development and Marketing. Prior to
joining Woodside Energy in 2018, Meg spent 23 years with ExxonMobil
in a variety of technical, operational and senior leadership roles
in Houston, New Orleans, Indonesia, Canada and Norway, as well as
regional and global leadership positions. She is Chair of the
Australian oil and gas industry peak body, Australian Energy
Producers (AEP), and serves on the boards of the Business Council
of Australia and the American Petroleum Institute.
Carol Howle Biography
Carol
Howle has served as executive vice president, supply, trading &
shipping at bp since July 2020. Prior to that, Carol ran bp
shipping and was the chief operating officer for integrated supply
and trading, oil. She has more than 20 years’ experience in
the energy industry, many in integrated supply and trading. Her
previous roles include chief operating officer for natural gas
liquids, regional leader of global oil Europe and finance and head
of the group chief executive’s office. Carol is a
non-executive board member of the Royal Navy and chair of the Navy
Audit and Risk Assurance Committee.
Cautionary statement:
In
order to utilize the 'safe harbor' provisions of the United States
Private Securities Litigation Reform Act of 1995 (the
'PSLRA'), bp is providing the following cautionary statement. This
announcement contains certain forward-looking statements -
that is, statements related to future, not past events and
circumstances - which may relate to one or more of the
financial condition, results of operations and businesses of bp and
certain of the plans and objectives of bp with respect to
these items. These statements are generally, but not always,
identified by the use of words such as 'will', 'expects',
'is expected to', 'aims', 'should', 'may', 'objective', 'is likely
to', 'intends', 'believes', 'anticipates', 'plans',
'we see' or similar expressions. Actual results may differ from
those expressed in such statements, depending on a variety
of factors including the risk factors set forth in our most recent
Annual Report and Form 20-F under "Risk factors" and in any
of our more recent public reports.
Our
most recent Annual Report and Form 20-F and other period filings
are available on our website at www.bp.com,
or can be obtained from the SEC by calling 1-800-SEC-0330 or
on its website at www.sec.gov.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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BP
p.l.c.
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(Registrant)
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Dated: 17
December 2025
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/s/ Ben
J. S. Mathews
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Ben J.
S. Mathews
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Company
Secretary
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