Michael Chaney - Woodside Petroleum Insider

Non-Executive Independent Chairman of the Board

Mr. Michael Alfred Chaney, AO is NonExecutive Chairman of Woodside Petroleum LtdChaney is the Director since November 2005 and Chairman since July 2007.He has worked for 22 years with Wesfarmers Limited, including Managing Director and CEO from 1992 to 2005, three years with investment bank Australian Industry Development Corporationrationrationration and eight years as a petroleum geologist working on the North West Shelf and in the USA and Indonesia. Previously as a nonexecutive director of BHP Billiton Limited and BHP Billiton Plc . He is also the Chair of National Australia Bank Limited, International Education Advisory Council and Gresham Partners Holdings Limited .Chaney is the Chancellor of The University of Western Australia and the Director of The Centre for Independent Studies Ltd . Micheal is also the Member of JP Morgan International Council and Prime Minister?s Business Advisory Council .

Management Efficiency

The company has return on total asset (ROA) of 3.92 % which means that it generated profit of $3.92 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on equity (ROE) of 7.26 % meaning that it generated $7.26 on every $100 dollars invested by stockholders.

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Entity Summary

Woodside Petroleum Ltd, an independent oil and gas company, engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Australia and internationally. Woodside Petroleum Ltd (WPL) is traded on Australian Securities Exchange in Australia. It is located in Perth, WA and employs 3,432 people.