Seeking Alpha

BHP exec Marcus Randolph to retire

  • The shakeup continues at BHP Billiton (BHP), as former ferrous and coal division chief executive Marcus Randolph will retire next week.
  • Randolph already was on leave when newly-hired CEO Andrew Mackenzie stripped out a layer of top management and named a new team to help him run the company.
  • He was one of four execs seen as possible successors to Marius Kloppers until Mackenzie's appointment in February.
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