PERTH (miningweekly.com) – Australian oil and gas major Woodside on Tuesday announced that CEO Peter Coleman would retire in the second half of 2021, with the company launching an internal and external search for a successor.
2021 would mark ten years at the Woodside helm for Coleman.
Coleman told Woodside chairperson Richard Goyder that it was the right time to retire and transition the leadership, with the company well-positioned for the future.
“In this challenging year, Woodside has taken the prudent decisions needed to maintain safe and reliable operations and protect our growth plans while setting up our company for the next phase,” said Coleman.
“Retiring in 2021 ensures continuity to support the Scarborough investment decision, which will transform Woodside, while ensuring our international projects in Senegal and Myanmar maintain their positive momentum,” he added.