%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment British Petroleum (NYSE: $BP ) has named Meg O'Neill as its new chief executive officer (CEO). O'Neill, who previously ran Woodside Energy (WDS), replaces current CEO Murray Auchincloss after he spent less than two years in the top leadership role. O'Neill becomes the fourth CEO in six years at British Petroleum, which is commonly referred to as BP. She will officially take over as BP's CEO on April 1, 2026. Auchincloss became CEO in January 2024 after his predecessor Bernard Looney left the company for failing to disclose a relationship with a subordinate. Looney, who had been CEO since 2020, had sought to transform the oil major into a green energy giant but came under investor pressure amid the stock's underperformance. Auchincloss reversed that strategy and focused on the company's core gas and crude oil production. BP, founded in 1909, has underperformed its peers, having reported declining annual profits in 2023 and 2024. Over the past year, the company has undertaken a cost-cutting program. Analysts seem initially positive on O'Neill's appointment to the CEO role, saying she has more than two decades of experience in the oil and gas industry, including 23 yeas at U.S. giant ExxonMobil (NYSE: $XOM ). BP stock is up 5% this year and trading at $424.65 U.S. per share in New York.