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Woodside Petroleum names Richard Goyder as chairman-elect

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Woodside Petroleum's naming of departing Wesfarmers chief executive Richard Goyder as its next chairman to replace Michael Chaney has raised eyebrows among investors who are questioning the apparently limited pool of alternative board talent in Perth.

While Mr Goyder's eminent suitability for the role is not in doubt, the appointment is being described as "cosy" by some investors given Mr Chaney holds the chair at Wesfarmers.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Julie-anne Sprague co-edits our Rich Lists and covers entrepreneurs, wealth creation and investments. A senior journalist in our newsroom, Julie-anne has covered politics, property, agribusiness, retail and stockmarkets in both the UK and Australia. Connect with Julie-anne on Twitter. Email Julie-anne at jsprague@afr.com

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    Original URL: https://www.afr.com/business/energy/oil/woodside-petroleum-names-richard-goyder-as-chairmanelect-20170220-guhf2z