BHP Billiton names Kloppers as CEO

The board of BHP Billiton has announced that Marius Kloppers will succeed Chip Goodyear as CEO effective Oct. 1, 2007. Goodyear will retire as CEO on Sept. 30 and from the group at the end of the 2007 calendar year.

Offshore staff

MELBOURNE, Australia --The board of BHP Billiton has announced that Marius Kloppers will succeed Chip Goodyear as CEO effective Oct. 1, 2007. Goodyear will retire as CEO on Sept. 30 and from the group at the end of the 2007 calendar year.

Kloppers will be based at the group's headquarters in Melbourne, Australia.

"We are in a time of considerable change in our industry with the emergence of new markets and sources of supply," says Don Argus, chairman. "Marius' vast experience in the resources sector and his demonstrated strategic capabilities provide the skills we need in the next leader of our great company."

Kloppers is group president non-ferrous materials and an executive director of BHP Billiton. Since the formation of the BHP Billiton Group in 2001, he has also held the positions of chief marketing officer and chief commercial officer.

Kloppers obtained a degree in chemical engineering from the University of Pretoria (South Africa), a PhD from MIT (USA) and an MBA from Insead (France).

6/01/2007

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