BHP chief executive Andrew Mackenzie: "You are looking after long-term shareholder value, you are looking after the power of that to move society forward.’’ Eamon Gallagher
If there is a cultural crisis tearing Australian company directors between their statutory duty to shareholders and societal good, BHP CEO Andrew Mackenzie is not feeling it.
Eight months after former NAB chairman Ken Henry used the banking royal commission to launch a soliloquy on the state of capitalism, Mackenzie says he has never felt tension between his fiduciary duty and his ability to make a positive impact on society through his work.
Peter KerResources reporterPeter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
