New boss for Australia’s biggest company
BHP has chosen a new chief executive.
Mike Henry, the head of the mining giant’s Australian operations, will take over the top job at the nation’s biggest company at the start of next year.
Andrew Mackenzie will stand down from the chief position on December 31 after more than six years in the job.
BHP chair Ken MacKenzie said Mr Henry had the “perfect mix” of on-the-ground operational experience and a proven management track record. Mr Henry said he was honoured to lead the Big Australian.
“For more than 130 years, through the ingenuity and commitment of its people, BHP has delivered shareholder value while successfully adapting its portfolio, operations and products,” he said.
“Today we are even safer, more predictable and more focused.”
Mr Henry was born in Canada and speaks Japanese.
BHPs departing chief, Mr Mackenzie, coached the mining giant back into form after the excesses of the mining boom. The Scotsman spun off unwanted assets into a new mining vehicle, South32, sold out of a disastrous foray into the US shale oil and gas sector, and oversaw BHP’s response to the deadly dam disaster in Brazil that killed 19 people.