BP Appoints Meg O’Neill as Its First Female CEO Amid Strategic Shake-Up

BP has appointed Meg O’Neill as its new CEO, making her the first female leader in Big Oil. O'Neill, an outsider to the company, takes the reins at a crucial time for the $90 billion British oil giant, which is working to recover from a failed pivot to renewable energy. BP faces three major strategic choices moving forward: build, buy, or beg, as it seeks to regain momentum and navigate the shifting energy landscape. O'Neill's appointment is seen as a potential turning point for BP, with analysts predicting a shift toward bold strategic moves under her leadership.