BHP Names Copper Head Mackenzie to Succeed Kloppers as CEO
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BHP Billiton Ltd., the world’s biggest mining company, named copper unit head Andrew Mackenzie as chief executive officer to succeed Marius Kloppers, who failed to deliver on about $200 billion of potential takeovers.
Mackenzie, 56, will take over on May 10, the Melbourne-based company said today in a statement when reporting a 58 percent decline in first-half profit. Under Kloppers, who became CEO in 2007, the aborted or rejected deals included hostile bids for Rio Tinto Group and Potash Corp. of Saskatchewan Inc.