What We Know About BHP's New Chairman Ken MacKenzie

What We Know About BHP's New Chairman Ken MacKenzie

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Business

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Hard

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Ken Mackenzie, with a packaging background, is appointed as BHP's new chairman, succeeding Jack Nasser. Despite lacking mining experience, Mackenzie is seen as a fresh choice, untainted by past decisions criticized by Elliott Management. Elliott has been vocal about BHP's leadership, calling for a shake-up due to past missteps. Mackenzie's appointment might align with Elliott's vision for change, but further board upheaval is possible.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns did Elliott Management raise regarding BHP?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reaction of the board to Elliott Management's calls for change?

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