BHP Billiton CEO makes surprise exit


MELBOURNE: The world’s largest diversified mining group, BHP Billiton Ltd/Plc, announced the surprise resignation of chief executive Brian Gilbertson yesterday, citing “irreconcilable differences” with the board. Its executive director Chip Goodyear, known for his rigorous financial analysis, was appointed as the new CEO with immediate effect. 

BHP Billiton gave little indication of the differences which led to the change just six months after Gilbertson assumed the top job at the group, created 18 months ago by the merger of London-listed Billiton and Australia’s BHP. 

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