Henry to become BHP Chief Executive

(Posted on 22/11/19)

The Board of BHP has announced that Mike Henry has been appointed Chief Executive Officer (CEO) of BHP, following a thorough succession process.

Mr Henry will assume the role of CEO and Executive Director 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.

He 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, including President Coal, President HSE, Marketing and Technology, and Chief Marketing Officer. 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.

“We would like to recognise the outstanding contribution of Andrew Mackenzie to BHP as CEO. Under his leadership, BHP has transformed into a simpler and more productive company, financially strong and sharply focused on value for shareholders. We thank him for his vision and hard work, which has changed the way we operate and engage with the world.”

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. We have a simple portfolio, a strong balance sheet and options to grow value and returns for decades to come.

“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.”

CEO-Elect Mike Henry, said: “I am honoured and privileged to be appointed as CEO and to have the opportunity to lead the talented and hard-working people who make BHP a great company. For more than 130 years, through the ingenuity and commitment of its people, BHP has delivered shareholder value while successfully adapting its portfolio, operations and products. Today we are even safer, more predictable and more focused.

“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. 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.”

He was born in Canada, holds a Bachelor of Science (Chemistry) from the University of British Columbia and lives in Melbourne with his wife of 30 years. He and his wife have two adult daughters who live in Canada.

Latest News

BHP and Hatch design study for electric smelting furnace pilot

BHP and global engineering, project management and professional services firm, Hatch, have signed an... Read more

Rio Tinto spends over A$15.3 bn with Australian suppliers

Rio Tinto increased its spend with Australian suppliers to more than A$15.3 billion in 2022, as part... Read more

Trafigura closes the refinancing and extension of credit facilities

Trafigura Group Pte Ltd., a market leader in the global commodities industry, has announced the closing... Read more

Nexyst 360 selects Nexxiot to digitalize 5000 grain containers

Nexyst 360, an innovative grain transportation solution provider, has partnered with Nexxiot to digitalize... Read more

Cargill strengthens executive team

Cargill has announced the appointments of Joanne Knight as Chief Financial Officer (CFO) and Philippa... Read more

SACE’s Push Strategy to support supplies of commodities to Italy

Trafigura, a market leader in the global commodities industry, has entered into a USD 500 million five... Read more

Job losses loom as British steel proposes coke ovens closure

British Steel has announced proposals to close its coke ovens as part of its drive to overcome global... Read more

Rio Tinto and Marubeni to create stronger Aluminium supply chains

Global miner Rio Tinto and Japanese trader and business conglomerate Marubeni Corporation have agreed... Read more

Trafigura completes acquisition of Ecobat Stolberg multi-metals plant

Trafigura, a market leader in the global commodities industry, and Ecobat, the global leader in battery... Read more

EUROFER welcomes ITRE report

Hydrogen is at the core of the green steel transition. Ensuring access to this scarce resource &ndash... Read more