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BIL
BIBLT
BHP - Philip Aiken to retire; J Michael Yeager appointed as new Group President
Energy
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share Code: BIL
ISIN: GB0000566504
Date 26 April 2006
PHILIP AIKEN TO RETIRE FROM BHP BILLITON
J MICHAEL YEAGER APPOINTED AS NEW GROUP PRESIDENT ENERGY
Mr Phil Aiken (currently Group President Energy) has announced that he will
retire from BHP Billiton on 31 December 2006. Following a search that started in
late 2005, BHP Billiton today announced the appointment of Mr J. Michael (Mike)
Yeager to the position of Group President Energy, commencing 26 April 2006.
Prior to joining BHP Billiton Mike held the position of Vice President,
ExxonMobil Development Company, with responsibility for major joint venture
projects. This included 22 projects worldwide, each with capital expenditure of
US$500 million or more. Before this, Mike was Senior Vice President for
ExxonMobil affiliate Imperial Oil Ltd where he was responsible for all aspects
of their upstream oil and gas business. Mike also served separately as Vice
President-Africa and Vice President-Europe for ExxonMobil Production Company
where he was responsible for all producing operations in those regions. Prior
to the Exxon and Mobil merger, Mike held the position of President of US
Exploration and Production for Mobil Corporation.
BHP Billiton Chief Executive Officer, Mr Chip Goodyear, said the appointment was
a welcome addition to BHP Billiton"s existing Petroleum expertise.
"We are very pleased to have someone with Mike"s strong international petroleum
background and deep development and operating capability leading our Petroleum
business.
"We have a significant Petroleum project pipeline to develop and operate and
Mike has the right combination of skills to lead this part of our business into
the next stage of development. Along with our track record of exploration
success and our developing gas business, Mike and his team have the opportunity
to create real long-term sustainable growth for our company.
"I would like to thank Phil Aiken for his substantial contribution to BHP
Billiton. Phil has led our Energy team through major changes over the last nine
years; under his leadership we have moved from being a predominantly Australian
based producer to an international energy company with operations in Algeria,
Pakistan, Trinidad, the United Kingdom and the Gulf of Mexico. Phil has also
represented the company with our partners and customers around the globe. He
will continue to serve us in this important capacity until his retirement and
provide senior representation for BHP Billiton"s activities in London.
Mike will become a member of BHP Billiton"s Office of the Chief Executive (OCE),
and will be based in Houston, Texas, USA.
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Contacts:
Australia
Jane Belcher, Investor Relations
Tel: +61 3 9609 3952
Mobile: +61 417 031 653
email: Jane.H.Belcher@bhpbilliton.com
United Kingdom
Mark Lidiard, Investor & Media Relations
Tel: +44 20 7802 4156
Mobile: +44 7769 934 942
email: Mark.Lidiard@bhpbilliton.com
Samantha Evans, Media Relations
Tel: +61 3 9609 2898
Mobile: +61 400 693 915
email: Samantha.Evans@bhpbilliton.com
Illtud Harri, Media Relations
Tel: +44 20 7802 4195
Mobile: +44 7920 237 246
email: Illtud.Harri@bhpbilliton.com
United States
Tracey Whitehead, Investor & Media Relations
Tel: US +1 713 599 6100 or UK +44 20 7802 4031
Mobile: +44 7917 648 093
email: Tracey.Whitehead@bhpbilliton.com
South Africa
Alison Gilbert, Investor Relations
Tel: SA +27 11 376 2121 or UK +44 20 7802 4183
email: Alison.Gilbert@bhpbilliton.com
J. Michael Yeager
Biographical Details
EXPERIENCE
2005 - 2006 Vice President, ExxonMobil Development Company
Houston, Texas
Responsible for a worldwide portfolio of major capital development projects
including ExxonMobil"s interest in multi billion dollar developments in the
Caspian Region. Other areas of project responsibility include the Gulf of
Mexico, West Africa and offshore east coast of Canada.
2004 - 2005 Senior Vice President, Imperial Oil Ltd.
Chief Executive Officer, Imperial Oil Resources
Calgary, Alberta, Canada
Responsible for all upstream oil and gas activities in the ExxonMobil majority
owned Canadian company. Led key strategy development for the Mackenzie Gas
Pipeline.
2003 - 2004 Vice President-Africa, ExxonMobil Production Company
Houston, Texas
Responsible for operations in Chad, Nigeria, Cameroon, Equatorial Guinea and
Angola. Responsible for the new start-up operations of the Chad pipeline
project as well as major new developments in deepwater Angola.
2000 - 2002 Vice President-Europe, ExxonMobil Production Company
London, England
Responsible for ExxonMobil"s large operating units in the United Kingdom,
Norway, The Netherlands, Germany and France. Led major restructuring of
operations with Shell in Germany.
1996 - 1999 President, Mobil Exploration and Production, United States
Dallas, Texas
Responsible for major heavy oil developments in California, significant gas
operations in the mid continent and Rocky Mountains, CO2 recovery in West Texas
and all Gulf of Mexico offshore operations. Negotiated and implemented the
successful Aera Energy joint venture in California with Shell. Also responsible
for the Mobil exploration effort that, in joint ownership with BP, made the
large Thunder House field discovery in the deepwater Gulf of Mexico.
EDUCATION
1976 BS U.S. Naval Academy
1981 MS University of Southern California
Date: 26/04/2006 03:25:13 PM Produced by the JSE SENS Department
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