BHP exec Marcus Randolph to retire

|About: BHP Billiton Limited (BHP)|By:, SA News Editor

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.