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BIL
BIBLT
BIL - BHP Billiton Plc - Goodyear to retire from BHP Billiton by end of CY2007
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share Code: BIL
ISIN: GB0000566504
GOODYEAR TO RETIRE FROM BHP BILLITON BY END OF CY2007
BHP Billiton Chairman, Don Argus, and Chief Executive Officer, Chip Goodyear,
today announced that Mr Goodyear will retire from the company by the end of
calendar year 2007.
Commenting on his decision, Mr Goodyear said: "It has been a privilege and a
pleasure to work with an outstanding team of people at BHP Billiton during a
tremendous period in the company`s history. But after nine years with the
company, and what will be five years as CEO, I have decided it is an appropriate
time for the organisation to transition to the next generation of leadership.
The decision to retire was always going to be a difficult one but change and
regeneration are part of corporate life, just as they are part of life. My
decision was made easier in the knowledge that we have created an outstanding
enterprise with wonderful assets, opportunities and first class people."
BHP Billiton Chairman, Don Argus, said: "Chip has played a key role in the
transformation of BHP Billiton since 1999. He has been a member, and in more
recent years the leader, of the team which has made BHP Billiton a global leader
in the natural resources industry.
"BHP Billiton has benefited by Chip`s exceptional leadership and he will
continue to lead the company until a new CEO is in place. The Board will now use
this period to implement its succession plan. One of Chip`s significant
contributions is that he has developed a number of strong internal candidates
who will be considered for the role. As shareholders would expect we will also
consider external candidates." Mr Argus said.
BHP Billiton also today reported results for the half year ended 31 December
2006 which set records for all key earnings measures including Underlying EBIT
of US$9.1 billion and Attributable Profit of US$6.2 billion (see separate press
release dated 7 February 2007 for further details).
Further information on BHP Billiton can be found on our Internet site:
www.bhpbilliton.com
Australia United Kingdom
Samantha Evans, Media Relations Mark Lidiard, Investor & Media
Tel: +61 3 9609 2898 Relations
Mobile: +61 400 693 915 Tel: +44 20 7802 4156 Mobile: +44 7769
email: Samantha.Evans@bhpbilliton.com 934 942
email: Mark.Lidiard@bhpbilliton.com
Jane Belcher, Investor Relations Illtud Harri, Media Relations
Tel: +61 3 9609 3952 Tel: +44 20 7802 4195
Mobile: +61 417 031 653 Mobile: +44 7920 237 246
email: Jane.H.Belcher@bhpbilliton.com email: Illtud.Harri@bhpbilliton.com
United States South Africa
Tracey Whitehead, Investor & Media Ivan Arriagada, Investor Relations
Relations Tel: SA +27 11 376 2121 or
Tel: US +1 713 599 6100 or UK +44 20 7802 4183
UK +44 20 7802 4031 Mobile: +44 7769 936 227
Mobile: +44 7917 648 093 Email: Ivan.D.Arriagada@BHPBilliton.com
email:
Tracey.Whitehead@bhpbilliton.com
Date: 07/02/2007 08:15:01 Produced by the JSE SENS Department. |
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