BHP Billiton has announced a change in its senior management team, with CFO Alex Vanselow leaving the company.
Alex Vanselow, the miner’s group executive and chief financial officer, will retire from BHP at the end of February next year.
He will be succeeded by Graham Kerr, who is currently the head of diamonds and specialty products.
Mike Henry will step in Vanselow’s role as group executive.
Vanselow has been with BHP since 1989.
BHP Billiton chief Marius Kloppers and the miner’s board thanked Vanselow for his work at the company.
"Alex has served the company with distinction over many years and in particular during his time as the company’s CFO. We will miss his counsel, but we understand his decision to pursue other interests and wish him well," Kloppers stated.
Vanselow is reportedly leaving to pursue personal business interests.
While he will remain until February to ensure a smooth transition for new CFO Graham Kerr, Kerr will officially step into the role on 1 January next year.
Kloppers welcomed both Kerr and Henry to the board, saying the two have "made outstanding contributions to our organisation in a variety of roles and the senior leadership welcomes them to the Group Management Committee".