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Bhp Billiton Streamlines Organisation Structure
BHP BILLITION PLC
SHARE CODE : BIL
ISIN CODE : GB0000566504
Date 16 March 2004
BHP BILLITON STREAMLINES ORGANISATION STRUCTURE
BHP Billiton announced today that it had modified its organisation structure to
streamline reporting and maximise the operational effectiveness of the company.
As a result, the existing Customer Sector Groups (CSGs) will be brought under
three broadly related business areas of Non-Ferrous Materials, Carbon Steel
Materials and Energy. The existing CSG structure has been very effective and
will be continued within the new structure. The leadership of the individual
CSGs will continue to have responsibility for their strategy development,
operations, project identification and project development.
Mike Salamon, President Aluminium, Senior Minerals Executive and an Executive
Director of BHP Billiton will become Group President Non-Ferrous Materials.
Mike"s area of responsibility will include the Aluminium CSG, the Base Metals
CSG and the Stainless Steel CSG. In addition, he will be responsible for
Health, Safety and Environment and Project Development Services and continue his
role as an Executive Director of BHP Billiton. Alex Vanselow, currently CFO
Aluminium, will become President Aluminium and a member of the Executive
Committee.
Bob Kirkby will become Group President Carbon Steel Materials. He will retain
his overall responsibility for the company"s iron ore, metallurgical coal and
manganese businesses. He will also assume responsibility for Operating
Excellence and Group Supply. Bob will join the Office of the Chief Executive.
Phil Aiken, in addition to retaining his role as President Petroleum, will
become Group President Energy. Phil will be responsible for the Petroleum and
Energy Coal CSGs.
The Diamonds and Specialty Products CSG, including Minerals Exploration and
Technology, will report to the Chief Commercial Officer, Marius Kloppers. In
addition to retaining his current role as President Diamonds and Specialty
Products, Marcus Randolph will assume responsibilities in the business
development area.
The functional areas of Finance, Legal and Human Resources will remain unchanged
other than that Ian Fraser, Group Vice President Human Resources, will join the
Office of the Chief Executive.
Chip Goodyear, Chief Executive Officer, said: "These adjustments to our
organisation maintain the very effective customer focused CSGs while allowing us
to streamline reporting. They will allow us to more efficiently execute our
strategy and identify and execute value-added opportunities."
The financial reporting structure remains unchanged.
The Office of the Chief Executive, the principal managerial decision-making body
in the Group, will now comprise the following positions:
Chief Executive Officer & Executive Director - Chip Goodyear
Group President Non-Ferrous Materials & Executive Director - Mike Salamon
Group President Carbon Steel Materials - Bob Kirkby
Group President Energy - Phil Aiken
Chief Commercial Officer - Marius Kloppers
Chief Financial Officer - Chris Lynch
Chief Legal Counsel - John Fast
Group Vice President Human Resources - Ian Fraser
These changes are effective immediately.
Further information on BHP Billiton can be found on our Internet site:
http://www.bhpbilliton.com
Australia
Andrew Nairn, Investor Relations
Tel: +61 3 9609 3952 Mobile: +61 408 313 259
email: Andrew.W.Nairn@bhpbilliton.com
Tania Price, Media Relations
Tel: +61 3 9609 3815 Mobile: +61 419 152 780
email: Tania.Price@bhpbilliton.com
United States
Francis McAllister, Investor Relations
Tel: +1 713 961 8625 Mobile: +1 713 480 3699
email: Francis.R.McAllister@bhpbilliton.com
United Kingdom
Mark Lidiard, Investor & Media Relations
Tel: +44 20 7802 4156
email: Mark.Lidiard@bhpbilliton.com
Ariane Gentil, Media Relations
Tel: +44 20 7802 4177
email: Ariane.Gentil@bhpbilliton.com
South Africa
Michael Campbell, Investor & Media Relations
Tel: +27 11 376 3360 Mobile: +27 82 458 2587
email: Michael.J.Campbell@bhpbilliton.com
Date: 16/03/2004 09:25:53 AM Produced by the JSE SENS Department |
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