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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