7th Feb 2007 07:00
BHP Billiton PLC07 February 2007 7 February 2007Number 05/07 GOODYEAR TO RETIRE FROM BHP BILLITON BY END OF CY2007 BHP Billiton Chairman, Don Argus, and Chief Executive Officer, Chip Goodyear,today announced that Mr Goodyear will retire from the company by the end ofcalendar year 2007. Commenting on his decision, Mr Goodyear said: "It has been a privilege and apleasure to work with an outstanding team of people at BHP Billiton during atremendous period in the company's history. But after nine years with thecompany, and what will be five years as CEO, I have decided it is an appropriatetime for the organisation to transition to the next generation of leadership.The decision to retire was always going to be a difficult one but change andregeneration are part of corporate life, just as they are part of life. Mydecision was made easier in the knowledge that we have created an outstandingenterprise with wonderful assets, opportunities and first class people." BHP Billiton Chairman, Don Argus, said: "Chip has played a key role in thetransformation of BHP Billiton since 1999. He has been a member, and in morerecent years the leader, of the team which has made BHP Billiton a global leaderin the natural resources industry. "BHP Billiton has benefited by Chip's exceptional leadership and he willcontinue to lead the company until a new CEO is in place. The Board will now usethis period to implement its succession plan. One of Chip's significantcontributions is that he has developed a number of strong internal candidateswho will be considered for the role. As shareholders would expect we will alsoconsider external candidates." Mr Argus said. BHP Billiton also today reported results for the half year ended 31 December2006 which set records for all key earnings measures including Underlying EBITof US$9.1 billion and Attributable Profit of US$6.2 billion (see separate pressrelease dated 7 February 2007 for further details). Further information on BHP Billiton can be found on our website:www.bhpbilliton.comAustralia United KingdomSamantha Evans, Media Relations Mark Lidiard, Investor & Media RelationsTel: +61 3 9609 2898 Mobile: +61 400 693 915 Tel: +44 20 7802 4156 Mobile: +44 7769 934 942email: [email protected] email: [email protected] Belcher, Investor Relations lltud Harri, Media RelationsTel: +61 3 9609 3952 Mobile: +61 417 031 653 Tel: +44 20 7802 4195 Mobile: +44 7920 237 246email: [email protected] email: [email protected] United States South AfricaTracey Whitehead, Investor & Media Relations Ivan Arriagada, Investor RelationsTel: US +1 713 599 6100 or UK +44 20 7802 4031 Tel: SA +27 11 376 2121 or UK +44 20 7802 4183Mobile: +44 7917 648 093 Mobile: +44 7769 936 227email: [email protected] email: [email protected] BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209Registered in Australia Registered in England and WalesRegistered Office: Level 27, 180 Lonsdale Street Melbourne Registered Office: Neathouse Place London SW1V 1BH UnitedVictoria 3000 KingdomTelephone +61 1300 554 757 Facsimile +61 3 9609 3015 Telephone +44 20 7802 4000 Facsimile +44 20 7802 4111 The BHP Billiton Group is headquartered in Australia This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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