BHP Billiton promotes director to chairman role

BHP Billiton, the Australian conglomerate with oil and gas assets, has elected Ken MacKenzie to succeed Jac Nasser as the chairman of the company’s board of directors.

BHP Billiton said on Friday that MacKenzie would assume the role of chairman effective September 1, 2017, following Nasser’s retirement as both chairman and a non-executive director.

The company added that the appointment followed a formal chairman succession process led by senior independent director, Shriti Vadera.

MacKenzie joined the BHP board as a non-executive director in September 2016 and is a member of the board’s Sustainability Committee.

He has 23 years of business experience gained at Amcor, a global packaging company with operations in over 40 countries. MacKenzie served as a managing director and CEO for ten of those 23 years.

Vadera said: “As we announce the election of a new chairman, the BHP board would like to recognize the outstanding contribution of our retiring chairman, Jac Nasser. Jac has been a director for 11 years, the last seven as chairman, and has led the company during a period of extraordinary change in the resources industry.

“(Ken MacKenzie) has the operational and financial capabilities as well as the rigor necessary to effectively oversee BHP’s capital allocation framework.”

Outgoing chairman, Jac Nasser, added: “BHP is a great company with world-class assets and talented people. In particular, I would like to thank Andrew Mackenzie and his team for their vision and hard work to help deliver significant change over the past four years. Ken MacKenzie is an excellent choice as leader of the Board, and I wish him every success in the role.”

The current director of BHP Billiton and current chairman-elect, Ken MacKenzie, said: “As incoming chairman, I look forward to engaging with shareholders and other stakeholders over the coming weeks to understand their perspectives.”

Share this article

Follow Offshore Energy Today

Events>

<< Jun 2019 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply