Woodside appoints Liz Westcott as new CEO to drive growth and performance

Woodside Energy Group ( (AU:WDS) ) has shared an update.

Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director, following her tenure as Acting CEO since December 2025 and senior roles overseeing Australian operations including the Scarborough Energy Project. The Board highlighted her more than 30 years of global energy experience, including at ExxonMobil and EnergyAustralia, and framed the appointment as a key step in executing Woodside’s growth projects and succession planning, with a remuneration package heavily weighted to performance-based short- and long-term incentives.

Westcott emphasised a strategic focus on sustainable value creation, operational excellence and disciplined delivery of growth projects as she seeks to build Woodside into a leading global energy company. For investors and other stakeholders, her appointment signals continuity in strategic direction and a strong emphasis on performance, given the high proportion of at-risk incentive pay tied to multi-year operational and financial outcomes.

The most recent analyst rating on (AU:WDS) stock is a Hold with a A$33.00 price target. To see the full list of analyst forecasts on Woodside Energy Group stock, see the AU:WDS Stock Forecast page.

More about Woodside Energy Group

Woodside Energy Group is a global energy producer headquartered in Perth, Australia, with a core focus on oil and gas operations and major LNG projects such as Scarborough. The company is positioning itself to meet growing global energy demand while emphasising operational excellence, sustainability and long-term value creation for shareholders.

Average Trading Volume: 5,882,242

Technical Sentiment Signal: Buy

Current Market Cap: A$60.07B

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