Companies

Nov 9, 2012

CEO succession: what Mirvac got right that BHP didn’t

BHP CEO Marius Kloppers is not likely to stay in the role too much longer, but with no succession plan, Kloppers has to stay around while a candidate selection search continues.

Myriam Robin — Media Reporter

Myriam Robin

Media Reporter

2 comments

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2 thoughts on “CEO succession: what Mirvac got right that BHP didn’t

  1. Lwin Sein

    McKenzie, Kroger, Kroger, Jalland, Johns. The ghosts of Tricontinental who got away with it.

  2. Harry Rogers

    Why not do a real article on company boards in Australia and their offensive incestuous relationships instead of talking about “the club”. (As an aside why is Kloppers still there after the billion dollars losses of his and his chairmans decisions.)

    Im guessing the chart of interconnected directorships would look like a rats nest. It’s statistically impossible for any non-institutional shareholder of an Australian company to affect any outcomes at AGM’s. On any broad brush analysis of the Australian corporate market this would be considered criminal.

    How can any investor seriously read business articles about Australian companies whilst knowing that the background is all spin. As if te investor can influence anything!

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