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Diversified Miners
SA-born Kloppers takes the helm at BHP Billiton
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1st October 2007
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South Africa-born Marius Kloppers on Monday took office as CEO at the world’s biggest mining company, BHP Billiton, replacing the now retired Charles ‘Chip’ Goodyear.

Goodyear announced his retirement in February, and the mining giant said on May 31 that Kloppers would replace him in the top position.

He will start with a base salary of $1,85-million, or about R12,7-million.

He joined the group in 1993 in the aluminium business and subsequently held a variety of operating and functional roles including GM for Hillside Aluminium, and COO for the aluminium business. Kloppers was also a core member of the team that created the group’s aluminium business.

He obtained a degree in Chemical Engineering from the University of Pretoria, a PhD from MIT, in the US, and a MBA from Insead, in France.

His early career was with petrochemicals giant Sasol and in materials research with the State-owned research firm.

Goodyear, having retired from the boards of BHP Billiton, would remain with the firm until January 1.

Edited by: Liezel Hill


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