Overview
- Craig, a 25‑year BHP veteran who leads the Americas and previously ran Western Australia Iron Ore, was selected following a formal board process.
- Outgoing chief executive Mike Henry will step down after six and a half years and support the transition through November 30, 2026.
- Craig signalled a focus on organic growth and stronger ties with customers and governments, saying any acquisitions must be “incredibly compelling.”
- Under Henry, BHP exited petroleum, unified its listing, bought OZ Minerals to deepen copper exposure, and advanced the Jansen potash project, with analysts expecting strategic continuity focused on tier‑one copper and potash.
- Henry said BHP is cushioned against diesel supply strains by on‑site storage and supplier relationships, though higher input costs are flowing into prices, and Woodside separately confirmed Liz Westcott as permanent CEO.