MELBOURNE (dpa-AFX) - Mining giant BHP Billiton Ltd. (BHP,BHP.AX,BBL,BLT.L) announced that Marius Kloppers will retire as Chief Executive Officer and a Director of the company on 10 May 2013. The company also said that Andrew Mackenzie, will succeed him and join the Board on that date. Marius will retire from the Group on 1 October 2013.
Andrew, 56, is BHP Billiton's Chief Executive Non-Ferrous. He has over thirty years experience in oil and gas, petrochemicals and minerals. He joined BHP Billiton in November 2008.
The company noted that Andrew will be based at the Group's headquarters in Melbourne, Australia. He and his wife Liz will move to Melbourne in the coming months.
Details of Andrew's employment contract, including the remuneration arrangements, will be announced before he commences in the role, the company said.
In addition, the company on also reported results for the half year ended 31 December 2012 including Underlying EBIT of US$9.8 billion and Attributable profit excluding exceptional items of US$5.7 billion and an interim dividend of 57 US cents per share.
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