New BHP CEO could come from outside the mining sector

BHP Billiton is interviewing internal candidates and executives outside the mining industry in the search to find its new CEO.

BHP board member Lindsay Maxsted said while the company was considering several existing company executives for the new role, a recruiter had also been hired to search for talent outside the mining sector.

“It isn’t such a narrow field once you broaden it out to say we are prepared to look for someone outside the sector,” he told The Australian.

“You can use a headhunter at many stages during the process … the headhunter can be very early just to see who is around, who is likely to be around in a year’s time or two year’s time or six months or whatever the timeframe is.”

Exact details on who BHP is considering as a successor to current CEO Marius Kloppers remain confidential, as does the timeframe for appointing the new position.

Next year Kloppers will start his sixth year as CEO of BHP, and over his stint he’s led the Australian business through two economic downturns and a major mining boom.

He’s previously faced criticism for his handling of fly-in fly-out work in Queensland and union battles in the coal sector.

He’s also drawn fire for a number of bad business decisions, including the company’s move into shale gas in the United States and the failed merger with Rio Tinto’s iron ore operations in the Pilbara.

Image: The West Australian

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.