BP CEO search is big oil’s best chance to fix its gender problem

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Despite adapting to societal changes, major oil companies like Exxon Mobil, Chevron, Shell, and BP have yet to appoint a female CEO. This could change with BP, as it recently parted ways with its CEO Bernard Looney. However, appointing a female CEO would challenge over a century of precedent in the male-dominated industry. Currently, women represent only 13% of the oil and gas C-suite in the US and occupy just 22% of jobs in the industry worldwide. Obstacles such as limited access to job opportunities and unfair evaluations contribute to the gender imbalance.

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