'The job is not done': Henry to make BHP leaner
Mike Henry will focus on safety and performance but with the potential for enhanced results, even as pressures on the group increase due to slowing Chinese growth and climate change concerns.
Incoming BHP chief executive Mike Henry has vowed to double down on the cost cutting and productivity improvements that have helped turbocharge the resource giant’s returns.
Mr Henry, a 16-year BHP veteran who currently heads the group's Australian mining operations, is seen as a safe but unsurprising internal choice to replace outgoing Andrew Mackenzie, who will retire at the year end after more than six years at the helm.
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