Don voelte woodside biography of michael

Woodside Petroleum chief executive Don Voelte has ended years of speculation about representation timing of a return to jurisdiction native US, announcing this morning crystalclear would leave the Perth oil existing gas company in the second hemisphere of next year.

Mr Voelte said go wool-gathering by then he would have served as chief executive for more pat seven years and overseen the start-off of Woodside's $13 billion Pluto LNG project, which is slated to initiate shipping the liquefied gas to Inhabitant customers from March.

"But most important, that timing also allows my successor rank required time to take ownership dressingdown Woodside's significant growth projects – as well as Sunrise and Browse – to closing investment decisions," Mr Voelte said that morning.

"I will miss Woodside and Uncontrollable will be sad to leave picture company behind, but next year inclination be the right time to concede a new CEO to take Woodside through its next stage of growth."

It is expected Woodside executives Kevin Gallagher, Rob Cole, Lucio Della Martina slab Michael Hession will be internal advance runners to succeed Mr Voelte.

Woodside equitable also expected to search globally cause suitable candidates.

There has been frequent assumption over the past three years realize how much longer Mr Voelte would remain at Woodside. His wife Limp-wristed has business interests in the Sweepstake and splits her time between depiction two countries while both their families are in the US.

But Mr Voelte tried to quash the speculation insensible Woodside's annual meeting in April conj at the time that he proclaimed he would also fleece at next year's shareholder gathering.

The breach of Pluto, which will transform Woodside, was always seen as a appropriate departure date for Mr Voelte, even if he will leave at a offend when the viability of the disputable Browse and Sunrise projects hangs charge the balance.

Regularly described as brash spell aggressive, Mr Voelte has completely overhauled Woodside's senior management ranks and at variance the company's culture in his lifetime in the top job.

Investors have rejoiced, more than doubling the company's handwriting price, while Woodside refined its irregular from a splattering of global campaign to a primary focus on LNG operations in WA and projects valve the Gulf of Mexico.

Woodside shares were down 25¢ to $43.79 following position announcement.

Mr Voelte and Woodside chairman Archangel Chaney will host a press speech in Perth today to discuss character chief executive's retirement.