Woodside’s CEO Coleman to retire in 2021

Australian major Woodside is on the search for a new CEO following the decision by Peter Coleman to retire in the second half of 2021.

Woodside chairman Richard Goyder has been advised by CEO Peter Coleman of his intention to retire. By the time Coleman leaves he will have served more than ten years in the role.

The company has commenced an internal and external search for the company’s next CEO.

Coleman said it is the right time to retire and transition leadership, with the company well-positioned for the future.

He also highlighted the project the Woodside team had delivered in the past ten years.

“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. We value our LNG buyers, joint venture partners and contractors who will continue to be critical to Woodside’s ongoing success”, Coleman said.

He added that the company has been reset with a strong platform for the future, with the next stage ready for the new CEO.