SINGAPORE BHP Billiton
Plc will consider both internal and external candidates in its
search for a successor to chief executive officer Marius
Kloppers, according to chairman Jac Nasser.
Nasser told investors during BHP
Billitons annual general meeting in Sydney Thursday that
succession planning starts on the first day a chief executive
officer and his team are appointed.
His remarks came after media
reports that the mining major had begun searching for a
successor to Kloppers as he enters his sixth year at the
"Succession planning and
executive development is a process, not an event, and at BHP
Billiton this process is ongoing and thorough," Nasser said.
"As part of the executive development process, we identify
high-potential people at various levels both inside and outside
the company on an ongoing basis. We use our own human resources
people and we also use external advisors."
A version of this article was first
published by AMM sister publication Metal