BHP Minerals Leadership Pos

Broken Hill Proprietary Co Ld 6 April 2000 BHP MINERALS ADVISES LEADERSHIP POSITIONS The Broken Hill Proprietary Company Limited (BHP) today advises the details of key leadership appointments for the new BHP Minerals' business model. President BHP Minerals Ron McNeilly said the new model had been designed to deliver alignment with the BHP Charter, achieve optimal business outcomes and grow the value of the business. The new model includes a Portfolio Leadership Team of Mr McNeilly; Chief Operating Officer BHP Minerals Bob Kirkby; Chief Strategic Officer BHP Minerals Marcus Randolph and BHP Vice President and Chief Legal Counsel John Fast. Additionally it differentiates between Asset Leaders whose role is to extract value from existing assets and Business Leaders whose role is to grow the business. Support is provided by Strategic Advisory Leaders (some of whom report to corporate functional heads). All leadership positions were declared open and have been filled from within BHP following an extensive interview and review process. The Business Leaders, the Minerals and Corporate Strategic Advisory Leaders, and the Strategic Marketing Managers will be located in Melbourne. The Asset Leaders will be located at or close to operational sites. Key appointments in BHP Minerals are as follows (with some appointments still to be made): Portfolio Leadership Team President BHP Minerals Ron McNeilly Chief Operating Officer BHP Minerals Bob Kirkby Chief Strategy Officer BHP Minerals Marcus Randolph, BHP Vice President and Chief Legal Counsel John Fast Chief Financial Officer BHP Minerals To be appointed Business Leaders President, BHP Base Metals Peter Monkhouse President, BHP Coal Mike Oppenheimer President, BHP Copper Ken Pickering President, BHP Iron Ore Stefano Giorgini President, BHP Minerals Special Projects Gary Evans President, BHP Diamonds and Industrial Materials TBA President, BHP HBI TBA Asset Leaders President, Cannington Mark Adams President, Escondida Bruce Turner President, Ekati Jim Excell President, Illawarra Coal Wayne Isaacs President, Indonesian Coal Ken Farrell President, New Mexico Coal John Grubb Managing Director, Ok Tedi Roger Higgins President, Orinoco HBI Dave Webster President, Queensland Coal Rick Gazzard President, US Southwest Copper John Perry President, Tintaya Jaap Zwaan President, Western Australia Iron Ore Graeme Hunt President, Western Australia HBI John McKirdy, Interim Asset Manager (External Appointment) President, Samarco TBA Minerals Strategic Advisory Leaders Vice President, Asset Development Ian Ashby Vice President, Discovery Tom Whiting Vice President, Operational Excellence Mike Anglin Strategic Marketing Managers Coal, Iron Ore and HBI Simon Wandke Copper and Base Metals John Crofts Diamonds and Industrial Materials TBA Commercial Managers TBA Corporate Strategic Advisory Leaders Environment Nick Allen Human Resources Steve Keogh Safety and Occupational Health Steve Pickett Business Analysis and Evaluation TBA Controller Mark Williams External Affairs Tony Wells Legal Gerard Heath Minerals Strategy TBA There are some other changes following the appointments. President BHP Diamonds Jim Rothwell will not continue with BHP in the longer term but has agreed to remain with BHP for some months to ensure a smooth transition for the diamonds business. BHP will be conducting a worldwide search for his replacement. Bill Zimmerman will continue as Vice President of Marketing, BHP Diamonds. An appointment to the position of Marketing Manager for Diamonds and Industrial Materials will be made once the new Business Leader is in place. Vice President Coal and Iron Ore Marketing Len Dean will be leaving BHP but has agreed to remain with the Company to facilitate the transition period. Ed Pettigrew will remain at New Mexico Coal to assist John Grubb with the transition at that operation, after which he will consider options for ongoing employment within Minerals. Ross James will transfer to a new role in BHP as Vice President Human Resources Projects, reporting to Tom Brown pending the implementation of the portfolio model in other BHP businesses and the selection for the human resources roles therein. For further details etc. ___________________________ Note:- BHP Managing Director and CEO Paul Anderson discussed the new Minerals organisation in his address to the Securities Institute of Australia on 28th February 2000. His presentation, including a briefing paper 'strategic framework and performance pmeasures' is available at: www.bhp.com.au/financials/brief/default.htm Contact: INVESTOR RELATIONS: Robert Porter, Vice President - Investor Relations Tel: +61 3 9609 3540 Mob: +61 419587 456 MEDIA RELATIONS: Mandy Frostick, Manager Media Relations Tel: +61 3 9609 4157 Mob: +61 419546 245
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