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.