BHP CFO steps down in government reshuffle

Mike Henry, BHP’s chief government since 2020, on Thursday mentioned the refresh of the management workforce is aimed toward having the correct mix of expertise and views for the corporate’s subsequent leg of progress.

BHP mentioned Chief Financial Officer David Lamont might be succeeded by Vandita Pant, its chief industrial officer, from March 1. Lamont will stay with BHP till February 2025 in an advisory and tasks position, reporting to Henry.

The firm named Americas President Rag Udd to succeed Pant. Brandon Craig, at present BHP’s Western Australia Iron Ore asset president, will take up the Americas position.

The miner mentioned Chief Technical Officer Laura Tyler will go away BHP in February and be succeeded by Johan van Jaarsveld, who’s at present chief improvement officer.

“These new appointments ensure that we continue to build organizational capacity, with the right mix of skills, experience and perspectives to deliver BHP’s strategy and pursue our growth agenda,” Henry mentioned in an announcement.

A spokeswoman for BHP declined to remark additional on the modifications.

In October, BHP doubled down on its potash guess, approving a $4.9 billion venture to additional increase the Jansen venture that it’s constructing in Canada’s Saskatchewan province.

Earlier within the yr, it purchased Australian copper miner OZ Minerals in what was its greatest acquisition in additional than a decade. It has offloaded its petroleum enterprise and bought coal mines.

Pant — who joined BHP in 2016 — has overseen the miner’s gross sales and advertising and marketing, amongst different tasks, for the previous 4 years. Her workforce has developed BHP’s views on world commodities markets and macro developments.