BHP Group PLC David Lamont appointed Chief Financial Officer (1663Q)
17 Junio 2020 - 1:00AM
UK Regulatory
TIDMBHP
RNS Number : 1663Q
BHP Group PLC
16 June 2020
NEWS RELEASE
Release Time IMMEDIATE
Date 17 June 2020
Release Number 06/20
David Lamont appointed Chief Financial Officer
BHP Chief Executive Officer, Mike Henry, today announced the
appointment of David Lamont as Chief Financial Officer (CFO) of
BHP, effective 1 December 2020. As CFO, Mr Lamont will also join
BHP's Executive Leadership Team.
Mr Lamont has been the CFO of the ASX-listed global biotech
company CSL Limited since January 2016. Prior to joining CSL, Mr
Lamont was the CFO and an Executive Director at MMG from 2010. He
previously served as CFO for several other multinational public
companies across a range of industries, including OZ Minerals
Limited, PaperlinX Limited and Incitec Pivot Limited.
Mr Lamont also held senior roles at BHP between 2001 and 2006,
including CFO of the company's Carbon Steel Materials and Energy
Coal businesses. He began his career as an accountant at
Deloitte.
Peter Beaven will continue as CFO until 30 November 2020 to
provide ongoing leadership through to Mr Lamont's commencement, and
will support Mr Lamont with handover into early 2021, after which
he will leave BHP.
Mr Henry said: "David has built a strong track record of
financial management with publicly traded multinational
organisations over many years. He will bring broad global
experience across a diverse range of industries, including mining,
deep financial knowledge and a clear focus on delivering strong
results for the company and shareholders. I welcome David to BHP
and look forward to him joining the team."
"I want to thank Peter Beaven for both the significant
contribution he has made to BHP and the support and friendship he
has shown me over many years. His leadership, passion for
continuous improvement and strategic approach have made BHP safer,
more sustainable and more valuable.
"In his current role, Peter has developed and embedded our
rigorous approach to capital allocation that instilled a strong
culture of value and returns throughout the organisation. During
his time as CFO, the company's financial position significantly
strengthened, our project portfolio became more value focused and
our functions more efficient while shareholders benefited from
record cash returns. Peter also spent ten years in major
operational roles, including leading our copper business where he
oversaw record throughput at Escondida and completion of several
major projects that have set our Chilean operations up for
sustained success.
"Having decided to pursue his own personal ambitions, Peter
committed last financial year to support BHP through the transition
from Andrew Mackenzie to a new CEO. His support has been invaluable
to me as I have transitioned into the role. I thank him on behalf
of employees across BHP, the leadership team, the Board and our
shareholders."
Mr Lamont said: "I am delighted to rejoin one of the best
companies in the world. BHP has strong values and a robust
financial position, making this an exciting opportunity to be part
of a team that can generate returns to shareholders over the long
term and make a positive difference to local communities and global
markets. I look forward to working with Mike and the team."
Mr Lamont holds a Bachelor of Commerce degree, is a qualified
Chartered Accountant and is a member of the Institute of Chartered
Accountants (Australia) and a Director of Financial Executives
Institute of Australia.
Further information on BHP can be found at: bhp.com
Authorised for lodgement by:
Caroline Cox
Group General Counsel & Company
Secretary
Media Relations Investor Relations
Email: media.relations@bhp.com Email: investor.relations@bhp.com
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