BHP Billiton announced that Graham Kerr, currently Chief Financial Officer, has been appointed Chief Executive Officer designate of the new company that BHP Billiton plans to form in a demerger. Kerr will retire from the Group Management Committee on 1 October 2014 and will be replaced as CFO by Peter Beaven, currently President, Copper. Brendan Harris, currently Head of Group Investor Relations, has been appointed CFO designate of the new company.
Rio Tinto chairman Jan du Plessis will join the board of SABMiller plc as an independent non-executive director effective 1 September 2014. SABMiller also announced that its board intends to appoint Mr. du Plessis as chairman in July 2015.