BHP to appoint new CEO, effective 1 January 2020

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The Board of BHP has announced the appointment of Mike Henry to the position of Chief Executive Officer (CEO), effective 1 January 2020.

Mr Henry will replace outgoing CEO Andrew Mackenzie, who will retire at the end of this year.

Currently serving as President Operations Minerals Australia, Mr Henry has 30 years’ experience in the global mining and petroleum industry, spanning operational, commercial, safety, technology and marketing roles.

His career in BHP started in 2003, initially in business development and then in marketing and trading, followed by appointments to the positions of President Coal, President HSE, Marketing and Technology, and Chief Marketing Officer.

BHP Chairman Ken MacKenzie said Mr Henry’s deep operational and commercial experience, developed in a global career spanning the Americas, Europe, Asia and Australia, made him the perfect fit to lead the company going forward.

“I am confident his discipline and focus will deliver a culture of high performance and returns for BHP,” he said.

“Mike has been a strong advocate for the industry, driving higher standards of safety and a commitment to our local communities and global stakeholders.

Outgoing CEO Andrew Mackenzie said fresh leadership would deliver an acceleration in the enormous potential for value and returns stemming from BHP’s next wave of transformation.

“Choosing the right time to retire has not been an easy decision, however the Company is in a good position,” Mr Mackenzie added.

“I am confident Mike and BHP will seize the many opportunities that lie ahead.”

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CEO-Elect Mike Henry, said he was honoured and privileged to be appointed as CEO of one of world’s largest mining companies.

“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. Today we are even safer, more predictable and more focused,” Mr Henry continued.

“We will unlock even greater value from our ore bodies and petroleum basins by enabling our people with the capability, data and technology to innovate and improve.

“We must operate safely, with discipline and reduce our impact on the environment. With the right people and the right culture we will deliver value and strong returns for shareholders and for all of society.”

Image credit: https://www.bhp.com/