Woodside's (ASX:WPL) CFO heads to Newcrest (ASX:NCM)

Company News

by Lauren Evans

Energy giant Woodside Petroleum (ASX:WPL) has announced the resignation of its chief financial officer (CFO) Sherry Duhe, who will move to gold mining giant Newcrest Mining (ASX:NCM) next year. 

Sherry will replace Gerard Bond, who has decided to leave Newcrest after 10 years, while Woodside's CEO Meg O’Neill noted the significant contribution Sherry 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."

“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."

Sherry will remain with Woodside into the first quarter of 2022, while the process to find a replacement is underway. 

Shares in Woodside Petroleum (ASX:WPL) are trading 0.04 per cent lower at $22.15. Shares in Newcrest Mining (ASX:NCM) are trading 0.8 per cent lower at $25.23. 

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