REG - BHP Group Limited - BHP Chair succession

BHPAnnouncement

12/02/2025 07:00

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RNS Number : 8283W  BHP Group Limited  12 February 2025

BHP Group Limited
Exchange release

12 February 2025

 

BHP Chair succession

BHP announces that its Chair, Ken MacKenzie, will retire from the Board of BHP
Group Limited (BHP) on 31 March 2025.

The Board has elected Ross McEwan to succeed as Chair, commencing on 31 March
2025.

Chair retirement

Ken MacKenzie joined the Board in September 2016 and has been Chair since
September 2017. During this period, Ken has overseen the strategic
transformation of BHP's portfolio towards future-facing commodities, with a
strong focus on safety, disciplined capital management, world-class capability
and culture, and a differentiated approach to creating social value.

Ken said, "It has been a privilege to serve as the Chair of BHP for the last 8
years and as a Director for 9 years and I am proud of what the Board and
management has achieved during that time. BHP is a simpler, more productive
and more resilient company and this has been a result of a talented and
committed team focused on creating sustainable long-term value for our
shareholders, our supply chain, partners and our communities.

I would like to take this opportunity to thank my fellow Board members as well
as the broader BHP team for their dedication to the ongoing success of BHP.

Ross is an excellent choice as leader of the Board, and I wish him every
success in the role."

Chair appointment

The appointment of Ross McEwan follows a formal Chair succession process led
by BHP Senior Independent Director, Gary Goldberg.

Ross has been an independent Non-executive Director of BHP since 4 April 2024,
and has over 30 years' global executive experience, including in the financial
services industry, with deep expertise in capital allocation, risk management
and value creation in complex regulatory environments.

Ross was the CEO of National Australia Bank (from 2019 to April 2024) and
Group CEO of the Royal Bank of Scotland (from 2013 to 2019). Prior to that, he
held executive roles at Commonwealth Bank of Australia, First NZ Capital
Securities and National Mutual Life Association of Australasia / AXA New
Zealand.

Ross brings a strong focus on people and culture, technology and innovation
and has extensive experience in capital allocation and value creation. He has
worked closely with a wide range of stakeholders, including customers,
governments and regulators and brings a global perspective. He has a deep
understanding of organisational transformation and brings a very strong focus
on the customer and technology as a driver of change.

Ross is currently the Lead Independent Director of Reece Limited and a
Non-executive Director on the Board of QinetiQ Group Plc.

Ross McEwan said, "It is an honour and privilege to succeed Ken MacKenzie as
Chair of BHP. Under his leadership, the company is simpler, more agile and
well positioned for the future. Ken will be remembered for his strategic
decision-making, active institutional and retail shareholder engagement and
outstanding capacity to see value, whether that's in strategy, portfolio,
operational excellence or capital allocation.

As incoming Chair, I am committed to generating long-term value for all our
shareholders and will work tirelessly with the Board and management to achieve
this. I look forward to continuing to take this great company forward."

 

 

 

 

Authorised for release by Stefanie Wilkinson, Group General Counsel and Group
Company Secretary.

 Contacts
 Media                                        Investor Relations

 media.relations@bhp.com                      investor.relations@bhp.com
 Australia and Asia                           Australia and Asia

 Josie Brophy                                 John-Paul Santamaria

 +61 417 622 839                               +61 499 006 018

 Europe, Middle East and Africa               Europe, Middle East and Africa

 Gabrielle Notley                             James Bell

 +61 411 071 715                              +44 7961 636 432
 Americas                                     Americas

 Renata Fernandez                             Monica Nettleton

 +56 9 8229 5357                              +1 (416) 518-6293
 BHP Group Limited

 ABN 49 004 028 077

 LEI WZE1WSENV6JSZFK0JC28

 Registered in Australia

 Level 18, 171 Collins Street

 Melbourne

 Victoria 3000 Australia

 Tel: +61 1300 55 4757 Fax: +61 3 9609 3015

 BHP Group is headquartered in Australia

 bhp.com

 

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