Australia’s Woodside (ASX:WPL) said today that its chief financial officer has resigned just as the liquefied natural gas (LNG) developed is seeking to finalise a A$41 billion (US$30.1 billion) merger with BHP Petroleum.
Sherry Duhe, who joined Woodside in late 2017, is taking up a new role at Australian listed gold miner Newcrest in early 2022, although she will stay with her current employer until then “to ensure a smooth transition of her key responsibilities” Woodside said.
The process to identify Duhe’s successor is underway, with the role continuing to be based in Australia, added Woodside.
Woodside CEO Meg O’Neill, who has officially been in the top job for only four months, noted the significant contribution Duhe has made since joining Woodside in late 2017.
“Sherry’s financial and commercial stewardship of Woodside over the last four years has been integral to continuing Woodside’s success. Over this time she has maintained a strong balance sheet which has provided Woodside’s resilience in challenging trading circumstances,” said O’Neill.
“Sherry’s passionate leadership has been central to delivering the financial and commercial architecture for our proposed merger with BHP’s petroleum business and the Scarborough development,” said O’Neill.
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