BHP Billiton Limited
(ASX:BHP) has announced its new senior management team to take shape under the leadership of recently appointed chief Andrew Mackenzie.
The global miner says Petroleum chief Mike Yeager will retire from its Group Management Committee at the start of July.
Former Diamonds and specialty products boss Tim Cutt will join the GMC as President of Potash and Petroleum at the same time, retaining responsibility for BHP’s Potash development options.
Previous Aluminium, Nickel and corporate development chief executive Alberto Calderon will exit the Group Management Committee but remain as an advisor to Mr Mackenzie.
Mr Mackenzie says the composition and structure of the team reflects his commitment to the execution of BHP’s strategy in the current environment.
BHP Billiton generated a net profit $4.1 billion in the first half of the current financial year.