Key facts
- BHP is splitting its President Americas role into separate North and South America positions.
- Jessica Farrell has been appointed President, North America, effective July 1.
- Brandon Craig will officially become BHP CEO on July 1.
- The company flagged a $2.3 billion charge for cost overruns and delays at its Jansen Stage 2 project.
- Unions are threatening coordinated strikes at BHP's Australian iron ore operations if talks fail on July 7.
Mining giant BHP is set to implement significant executive leadership changes as Brandon Craig prepares to take over as CEO on July 1. A key structural change involves splitting the President Americas role into two distinct positions: President North America and President South America, with Jessica Farrell initially covering both regions. This move is intended to allow for greater regional focus and support BHP's growth agenda. Craig, who previously oversaw the Americas, inherits a challenging landscape marked by potential industrial action at Australian iron ore operations, escalating costs, and M&A considerations. The company recently announced a $2.3 billion charge related to cost overruns and delays at its Jansen Stage 2 project. Unions have set a July 7 deadline for strike talks concerning Australian iron ore operations. BHP is also evaluating growth opportunities in the uranium sector, despite market scale challenges, and Geraldine Slattery will continue as President, Australia, taking on additional responsibility for Copper South Australia.