Leadership Transition at BHP (ASX:BHP): Ross McEwan Appointed as New Chairman

2 min read | February 12, 2025 07:11 PM AEDT | By Team Kalkine Media

Highlights

  • Ross McEwan to take over as chairman of BHP (ASX:BHP) from March 31.
  • Brings extensive leadership experience from National Australia Bank and Royal Bank of Scotland.
  • Appointment follows a structured succession process led by senior independent director.

BHP (ASX:BHP) has announced a significant leadership change, appointing Ross McEwan as the next chairman of the company. He will step into the role on March 31, succeeding Ken MacKenzie, who has led the board since 2017.

McEwan is a seasoned executive with a strong track record in the financial sector. Before joining BHP's board as an independent non-executive director in April 2023, he held prominent leadership positions, including CEO of National Australia Bank from 2019 to April 2024 and CEO of the Royal Bank of Scotland from 2013 to 2019. His vast experience in banking and corporate leadership positions him well to guide BHP through its next phase of growth and strategic direction.

The selection of McEwan followed a formal succession process led by BHP’s senior independent director, Gary Goldberg. This structured approach ensures continuity and stability within the company’s leadership. With decades of experience steering large financial institutions through complex challenges, McEwan's expertise is expected to bring fresh strategic insights to BHP’s global operations.

Outgoing chairman Ken MacKenzie has played a pivotal role in shaping BHP’s trajectory since joining the board in 2016 and taking on the chairmanship the following year. His tenure oversaw key transformations within the company, strengthening its position as a global leader in the resources sector.

As BHP prepares for this transition, McEwan’s leadership will be closely watched by industry stakeholders, given his deep financial acumen and experience navigating dynamic market conditions. His appointment signals a continued focus on strategic execution, operational efficiency, and long-term growth.

With the leadership change set for March 31, BHP enters a new chapter under McEwan’s stewardship, maintaining its commitment to operational excellence and sustainable value creation.


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