MacKenzie backed to head BHP

Original article by Peter Ker
The Australian Financial Review – Page: 15 & 30 : 14-Jun-17

Brenton Saunders of BT Investment management says former Amcor CEO Ken MacKenzie is the wealth manager’s preferred candidate to succeed Jac Nasser as BHP Billiton’s chairman. Saunders argues that unlike the other two leading candidates, MacKenzie was not on the BHP board when the resources giant made its ill-fated investment in US shale assets in 2011. Saunders has also praised MacKenzie’s expertise in terms of capital allocation and management. Lindsay Maxsted and Malcolm Broomhead are widely regarded as the other likely contenders to replaced Nasser.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AMCOR LIMITED – ASX AMC, BT INVESTMENT MANAGEMENT LIMITED – ASX BTT, ORICA LIMITED – ASX ORI, WESTPAC BANKING CORPORATION – ASX WBC, ABERDEEN ASSET MANAGEMENT LIMITED, COLONIAL FIRST STATE GLOBAL ASSET MANAGEMENT

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