BP CEO quits after less than two years. A former Exxon exec who ran Australia’s largest oil company will take over.
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BP CEO quits after less than two years. A former Exxon exec who ran Australia’s largest oil company will take over.Listen(2 min)Listen(2 min)BP on Thursday made an abrupt shift in leadership, as CEO Murray Auchinloss is stepping down immediately after less than two years on the job.Auchinloss had struggled to win investor backing for his reshaping of the company’s strategy. He’ll be replaced in April by Meg O’Neill, the CEO of Woodside Petroleum, and on an interim basis by Carol Howle, the current executive vice president, supply, trading & shipping at BP.About the AuthorSteven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.Copyright © 2025 MarketWatch, Inc. All rights reserved.