BHP Billiton president to step down

BHP Billiton has announced its iron ore president, Ian Ashby, will be leaving the company on July 1 after more than 25 years with the world’s biggest miner.

The company said in a statement today that Ashby would be succeeded by Jimmy Wilson, BHP Billiton’s energy coal division president.

“Jimmy is a very experienced business leader who has more than 20 years’ experience with the group. He will build on Ian’s successful leadership to continue to grow the iron ore business, while ensuring it continues to operate to world class standards,” Marcus Randolph, BHP Billiton group executive, said.

“To allow a smooth transition, Mr Wilson will join the iron ore team immediately.”

Wilson has previously been president of BHP’s energy coal and stainless steel materials businesses.

“I would also like to thank Ian for his tremendous contribution to BHP Billiton during his 25 years with the group. Under his leadership iron ire has become our largest and most profitable business,” Randolph said.

CFO of the energy coal division, Andre Liebenberg, will act in Wilson’s role.

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