BHP Billiton has announced two senior management appointments for its proposed demerger of global metals and mining company, South32.
Head of Investor Relations
Peter Harris has been appointed to the role of Head of Investor Relations Elect effective 23 February 2015.
Peter joins South32 from JCP Investment Partners, a Melbourne based fund that has over $10 billion of Australian equity assets under management. As a partial owner of the fund, Peter was responsible for mining, energy, utilities and steel sector investments.
Prior to joining JCP Investment Partners, Peter spent several years working as an equities analyst at Commonwealth Securities in Australia covering the mining, energy and utilities sectors. He is a former Chief Economist for Shell Australia and has previously worked as an Economist for the Productivity Commission (Australia).
Chief Financial Officer Elect of South32, Brendan Harris said: “Peter brings a wealth of mining industry experience and expertise to the role and is a key appointment to the company’s management team.”
Head of Corporate Affairs
Steven Blaney has been appointed to the role of Head of Corporate Affairs Elect effective 24 March 2015.
With over 20 years of experience in senior corporate affairs and marketing roles across Asia, Europe and Australasia, Steven joins the South32 team from Citi where he is currently Managing Director/Head, Corporate and Government Affairs, Australia and New Zealand.
Prior to his role at Citi, Steven held corporate affairs and marketing leadership roles at two investment banks, including Head of Communication and Marketing, Global Banking and Markets Division at Royal Bank of Scotland / ABN AMRO.
Mr Harris and Mr Blaney will be based at South32’s head office in Perth.
A final Board decision on the proposed demerger will be made once all necessary third party approvals are secured on satisfactory terms. On this basis, BHP Billiton expects to release all shareholder documentation with full details of the proposed demerger in March 2015, with a shareholder vote taking place in May.
For more information, please see the News Release.