23rd Dec 2019 05:45
(Alliance News) - Miner BHP Group PLC said on Monday Chief Executive Andrew Mackenzie will be leaving three months earlier than planned.
Mackenzie's departure was announced in November - he was previously anticipated to leave the FTSE 100 mining giant on June 30, having stepped down from the executive team at the end of 2019.
In his place, the head of BHP's Australian operations Mike Henry was appointed CEO.
However, on Monday BHP said Mackenzie will now be leaving the company on March 31. His planned departure from the CEO role is still the end of 2019, and BHP said the transition is going well.
BHP did not say why the date has been moved forward.
Shares in Sydney closed 1.3% lower on Monday at a price of AUD39.22 each. The London and Johannesburg markets, where BHP is also listed, are not yet open.
By George Collard; [email protected]
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