BHP names Brandon Craig as CEO, succeeding Mike Henry
Brandon Craig, with 25 years at BHP and success leading Americas operations, will become CEO in July, continuing growth in copper and potash, key to BHP's earnings.
- On March 18, 2026, Melbourne-based BHP Group promoted Brandon Craig to CEO, succeeding Mike Henry, with the change effective from July 1.
- Following a board-led succession review, Craig emerged as the chosen candidate, with Ross McEwan, BHP chair, stating the appointment followed a formal process.
- The new CEO will earn an annual base salary of $US1.9 million and could receive up to 3.6 times that under BHP's incentive scheme.
- Market watchers note copper now drives more than 1/2 of earnings, with BHP's $252 billion valuation underscoring investor interest in leadership direction, analysts say.
- Mike Henry will step down after reshaping BHP's portfolio by selling oil and gas, acquiring OZ Minerals for US$6.4-billion, and overseeing the Jansen potash project with an US$8.4-billion budget.
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New mining CEOs, plus markets brace for US rates decision
SBS Finance Editor Ricardo Gonçalves speaks with Jamie Hannah from VanEck about the day's market action including the latest global interest rate expectations and what it means for investments, while BHP announces who will replace CEO Mike Henry.
New CEO Named for Largest Mining Company in the World
The “Big Australian” is getting a new boss. Brandon Craig will become the chief executive of BHP on July 1, replacing Mike Henry, who will step down after six and a half years in the role. Craig is currently BHP’s president for the Americas, leading its growth strategy in future-facing commodities across Canada, the United States, and South America. He previously led BHP’s Western Australian iron ore business, with BHP crediting him on Wednesday…
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