Reuters reported exclusively at least three institutional investors in Australia are pushing for global miner BHP Group to consider external candidates to replace Andrew Mackenzie as the CEO. The move highlights nascent investor pressure on the world’s biggest miner to consider drastic changes in management to tackle challenges like cutting costs, an eventual return to lower iron ore prices and rebuilding its reputation after a Brazil dam disaster.
Reuters exclusively reports some Australian BHP investors push for external candidate for CEO
23 July 2019, 12:00 am. 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Asia
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