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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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Bloomberg broke the news in United States on Tuesday, March 17, 2026.
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