BHP Billiton announces changes to its senior management team
BHP Billiton announced changes to its senior management team:
President of Diamonds and Specialty Products; and Mike Henry, President of promoting, will join the Group Management Committee as
Officer, Marius Kloppers.
in 1989 and was appointed Chief Financial Officer in 2006.
executive team extended their due to Mr Vanselow and acknowledged his significant
contribution. {stone crusher for iron ore}
time as being the Company’s Chief Financial Officer and since a key an affiliate my management
team. We’ll miss his wise counsel, but we understand his decision to pursue other
interests and require him well. He will be an honoured person in BHP Billiton’s alumni.”
Mr Vanselow will always be with BHP Billiton until the end of February 2012 to guarantee a smooth
transition to his successor, Graham Kerr. Mr Kerr will join the Group Management
Committee immediately, and can officially assume the role of Chief Financial Officer from
1 January 2012. He’ll be based in Melbourne, reporting to your Chief Executive Officer.
Mr Kerr joined the thing that was then BHP in 1994. He served in a wide range of finance and
treasury roles before departing BHP Billiton after 2004 to get a brief stint in another
resources company. He rejoined BHP Billiton in 2006, and until recently was President of
the Diamonds and Speciality Products Customer Sector Group based in Vancouver,
Canada. {mineral mining belt conveyor system}
Committee as Group Executive and Chief Marketing Officer, reporting for the Chief Executive
Officer, effective immediately. He will continue to be based in Singapore.
Mr Henry joined BHP Billiton in 2003 from Mitsubishi Corporation, where he served inside of a
variety of commercial roles. He was appointed President of promoting in 2010. Ahead of that
appointment he previously responsibility for that marketing of an variety of commodities including
Petroleum, Energy Coal and Uranium, and has also overseen BHP Billiton’s freight
operations. {vibrating screen for iron ore mining}
“Graham and Mike make outstanding contributions to your organisation in a number of
roles and also the senior leadership group welcomes them to the Group Management
Committee.”
established policy. Awards previously built to Mr Vanselow under the five year lasting
incentive plan might be pro-rated (reduced) to mirror his amount service on the date of
grant to the date of departure. Those awards must be held through the
performance period all of which will only vest in the event the performance hurdles are satisfied. No award will
come in to Mr Vanselow with respect of FY2012.
Alex Vanselow, Group Executive and Chief Financial Officer, will retire from BHP
Billiton
President of Diamonds and Specialty Products; and Mike Henry, President of promoting, will join the Group Management Committee as
Group Executive and Chief Marketing Officer, reporting
for the Chief ExecutiveOfficer, Marius Kloppers.
Mr Vanselow,
who may have decided to pursue personal business interests, joined the businessin 1989 and was appointed Chief Financial Officer in 2006.
BHP Billiton
Ceo, Marius Kloppers, said their Board and the entireexecutive team extended their due to Mr Vanselow and acknowledged his significant
contribution. {stone crusher for iron ore}
“Alex has served
the organization with distinction over many years and in particular throughout histime as being the Company’s Chief Financial Officer and since a key an affiliate my management
team. We’ll miss his wise counsel, but we understand his decision to pursue other
interests and require him well. He will be an honoured person in BHP Billiton’s alumni.”
Mr Vanselow will always be with BHP Billiton until the end of February 2012 to guarantee a smooth
transition to his successor, Graham Kerr. Mr Kerr will join the Group Management
Committee immediately, and can officially assume the role of Chief Financial Officer from
1 January 2012. He’ll be based in Melbourne, reporting to your Chief Executive Officer.
Mr Kerr joined the thing that was then BHP in 1994. He served in a wide range of finance and
treasury roles before departing BHP Billiton after 2004 to get a brief stint in another
resources company. He rejoined BHP Billiton in 2006, and until recently was President of
the Diamonds and Speciality Products Customer Sector Group based in Vancouver,
Canada. {mineral mining belt conveyor system}
BHP Billiton’s President
of advertising, Mike Henry, will join the enlarged Group ManagementCommittee as Group Executive and Chief Marketing Officer, reporting for the Chief Executive
Officer, effective immediately. He will continue to be based in Singapore.
Mr Henry joined BHP Billiton in 2003 from Mitsubishi Corporation, where he served inside of a
variety of commercial roles. He was appointed President of promoting in 2010. Ahead of that
appointment he previously responsibility for that marketing of an variety of commodities including
Petroleum, Energy Coal and Uranium, and has also overseen BHP Billiton’s freight
operations. {vibrating screen for iron ore mining}
Mr Kloppers welcomed both appointments
to the Group Management Committee.“Graham and Mike make outstanding contributions to your organisation in a number of
roles and also the senior leadership group welcomes them to the Group Management
Committee.”
The termination arrangements for Alex Vanselow are
similar to the Group’s longestablished policy. Awards previously built to Mr Vanselow under the five year lasting
incentive plan might be pro-rated (reduced) to mirror his amount service on the date of
grant to the date of departure. Those awards must be held through the
performance period all of which will only vest in the event the performance hurdles are satisfied. No award will
come in to Mr Vanselow with respect of FY2012.