BP appoints Woodside's Meg O'Neill as CEO after Auchincloss' abrupt exit

Oil giant BP has appointed Meg O'Neill as its new CEO. She will be the first woman to lead a top global oil major. O'Neill, currently heading Australia's Woodside Energy, takes charge from April 1. This move signals a significant shift for BP. Carol Howle will be the interim CEO. The company seeks transformative changes to boost shareholder value.