12th Feb 2025 06:49
(Alliance News) - BHP Group Ltd announced on Wednesday that its Chair Ken MacKenzie will retire at the end of March after eight years.
The Melbourne, Australia-based mining company said Ross McEwan will succeed MacKenzie as chair from March 31.
MacKenzie joined the board in September 2016 and has served as chair since September 2017.
During his tenure as chair, MacKenzie oversaw the strategic transformation of BHP's portfolio towards future-facing commodities, BHP said.
"BHP is a simpler, more productive and more resilient company and this has been a result of a talented and committed team focused on creating sustainable long-term value for our shareholders, our supply chain, partners and our communities," MacKenzie said.
McEwan, the former cief executie officer of National Australia Bank and Royal Bank of Scotland, has been a board member since April 2024.
The appointment of McEwan follows a formal chair succession process led by BHP senior independent director, Gary Goldberg, BHP said.
McEwan is the lead independent director of Reece Ltd and a non-executive director of QinetiQ Group PLC.
"As incoming chair, I am committed to generating long-term value for all our shareholders and will work tirelessly with the Board and management to achieve this. I look forward to continuing to take this great company forward," McEwan said.
By Artwell Dlamini, Alliance News reporter
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