Original article by John Durie
The Australian – Page: 18 & 32 : 16-Jun-17

There is widespread support among BHP Billiton shareholders for Ken MacKenzie to become its next chairman. Amcor’s return on capital rose strongly during his tenure as CEO, and he was not on the BHP board when it made ill-fated investments in the US shale sector. However, the selection of a new chairman ultimately rests with the BHP board, which could potentially opt against MacKenzie in order to avoid suggestions that it was swayed by investors.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, AMCOR LIMITED – ASX AMC, ELLIOTT MANAGEMENT CORPORATION, ORICA LIMITED – ASX ORI, WESTPAC BANKING CORPORATION – ASX WBC, RIO TINTO LIMITED – ASX RIO, STANDARD AND POOR’S ASX 200 INDEX, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, VODAFONE AUSTRALIA LIMITED, TELSTRA CORPORATION LIMITED – ASX TLS, SINGTEL OPTUS PTY LTD, FEDERAL COURT OF AUSTRALIA, AMAZON.COM INCORPORATED, AUSTRALIA POST, AUSTRALIA. DEPT OF THE TREASURY, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIAN LABOR PARTY

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

Original article by Patrick Durkin
The Australian Financial Review – Page: 11 : 13-Jun-17

BHP Billiton is said to have had a list of 1,200 potential candidates to succeed chairman Jac Nasser. However, three current directors – Ken MacKenzie, Malcolm Broomhead and Lindsay Maxsted – are believed to be the final contenders for the role. Former BHP chairman Don Argus stresses the need for the succession process to have integrity. It will be decided via a secret ballot at a board meeting in Chile in coming days.

CORPORATES
BHP BILLITON LIMITED – ASX BHP, HEIDRICK AND STRUGGLES, AMCOR LIMITED – ASX AMC, WESTPAC BANKING CORPORATION – ASX WBC, ORICA LIMITED – ASX ORI, TRANSURBAN GROUP LIMITED – ASX TCL, ADAMANTEM CAPITAL, AMERICAN SECURITIES, ELLIOTT MANAGEMENT CORPORATION, DOW CHEMICAL COMPANY