BHP says long-term Chair Ken MacKenzie to leave, Ross McEwan to take over
Investing.com-- Anglo-Australian miner BHP Group Ltd (ASX: BHP ) said on Wednesday that Chair Ken MacKenzie will retire from the board and will be succeeded by former National Australia Bank Ltd (ASX: NAB ) CEO Ross McEwan.
MacKenzie leaves after nine years as BHP’s chair- a period marked by strong growth in the company, which cemented its place as the world’s biggest miner.
McKenzie’s retirement will be effective from March 31.
McEwan- who has served as an independent non-executive director on BHP’s board since April 2024, had formerly served as the CEO of National Australia Bank, and the Group CEO of the Royal Bank of Scotland (NYSE: RBS_old_old ). Before that, he held executive positions in Commonwealth Bank of Australia (OTC: CMWAY ) and First NZ Capital Securities.
McEwan is credited with helping RBS (LON: NWG ) return to profitability, and had also helped NAB navigate the fallout from a damning Royal Commission that found widespread wrongdoings in Australia’s financial sector.