MIKE HENRY will assume the role of CEO and executive director of BHP effective 1 January 2020, replacing Andrew Mackenzie who will retire as CEO on 31 December 2019.

Mr Henry has 30 years’ experience in the global mining and petroleum industry, spanning operational, commercial, safety, technology and marketing roles. He was appointed to his current role of president operations minerals Australia in 2016, and has been a member of the executive leadership team since 2011.

Mr Henry joined BHP in 2003, initially in business development and then in marketing and trading of a range of mineral and petroleum commodities based in The Hague, where he was also accountable for BHP’s ocean freight operations. He went on to hold various positions in the company. Prior to joining BHP, Mr Henry worked in the resources industry in Canada, Japan and Australia.

Chairman Ken MacKenzie said, “Mike Henry’s deep operational and commercial experience, developed in a global career spanning the Americas, Europe, Asia and Australia, is the perfect mix for our next CEO.

“I am confident his discipline and focus will deliver a culture of high performance and returns for BHP. 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, “It has been a privilege to serve as CEO of BHP. Our products are essential to global economic development and we deliver them in a way that creates significant value, for our shareholders, our employees, communities, nations and the world. BHP is in a good position”.

ADVERTISEMENT  

He said fresh leadership will deliver an acceleration in the enormous potential for value and returns that will come 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. I am confident Mike and BHP will seize the many opportunities that lie ahead,” Mr Mackenzie said.

CEO-Elect Mike Henry, said he was honoured and privileged to be appointed as CEO.

“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,” he said.

“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.”

ADVERTISEMENT