BHP GROUP PLC - David Lamont appointed Chief Financial Officer

David Lamont appointed Chief Financial Officer

BHP Group Plc
Registration number 3196209
Registered in England and Wales
Share code: BHP
ISIN: GB00BH0P3Z91



NEWS RELEASE
Release Time       IMMEDIATE
Date               17 June 2020
Release Number     06/20


David Lamont appointed Chief Financial Officer

BHP Chief Executive Officer, Mike Henry, today announced the appointment of David
Lamont as Chief Financial Officer (CFO) of BHP, effective 1 December 2020. As
CFO, Mr Lamont will also join BHP’s Executive Leadership Team.

Mr Lamont has been the CFO of the ASX-listed global biotech company CSL Limited
since January 2016. Prior to joining CSL, Mr Lamont was the CFO and an Executive
Director at MMG from 2010. He previously served as CFO for several other
multinational public companies across a range of industries, including OZ Minerals
Limited, PaperlinX Limited and Incitec Pivot Limited.

Mr Lamont also held senior roles at BHP between 2001 and 2006, including CFO of
the company’s Carbon Steel Materials and Energy Coal businesses. He began his
career as an accountant at Deloitte.

Peter Beaven will continue as CFO until 30 November 2020 to provide ongoing
leadership through to Mr Lamont’s commencement, and will support Mr Lamont with
handover into early 2021, after which he will leave BHP.

Mr Henry said: “David has built a strong track record of financial management with
publicly traded multinational organisations over many years. He will bring broad
global experience across a diverse range of industries, including mining, deep
financial knowledge and a clear focus on delivering strong results for the company
and shareholders. I welcome David to BHP and look forward to him joining the team.”

“I want to thank Peter Beaven for both the significant contribution he has made to
BHP and the support and friendship he has shown me over many years. His
leadership, passion for continuous improvement and strategic approach have made
BHP safer, more sustainable and more valuable.

“In his current role, Peter has developed and embedded our rigorous approach to
capital allocation that instilled a strong culture of value and returns throughout the
organisation. During his time as CFO, the company’s financial position significantly
strengthened, our project portfolio became more value focused and our functions
more efficient while shareholders benefited from record cash returns. Peter also
spent ten years in major operational roles, including leading our copper business
where he oversaw record throughput at Escondida and completion of several major
projects that have set our Chilean operations up for sustained success.

“Having decided to pursue his own personal ambitions, Peter committed last financial
year to support BHP through the transition from Andrew Mackenzie to a new CEO.
His support has been invaluable to me as I have transitioned into the role. I thank him
on behalf of employees across BHP, the leadership team, the Board and our
shareholders.”

Mr Lamont said: “I am delighted to rejoin one of the best companies in the world.
BHP has strong values and a robust financial position, making this an exciting
opportunity to be part of a team that can generate returns to shareholders over the
long term and make a positive difference to local communities and global markets. I
look forward to working with Mike and the team.”

Mr Lamont holds a Bachelor of Commerce degree, is a qualified Chartered
Accountant and is a member of the Institute of Chartered Accountants (Australia) and
a Director of Financial Executives Institute of Australia.


Further information on BHP can be found at: bhp.com

Sponsor: UBS South Africa (Pty) Limited


Authorised for lodgement by:
Caroline Cox
Group General Counsel & Company Secretary



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Date: 17-06-2020 07:05:00
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