said in its annual report on Tuesday that it froze salaries of key leadership personnel for the coming financial year, while Chief Executive Mike Henry received $6.1 million (4.75 million pounds) in the first six months on the job. Pilbara Minerals has finalised its acquisition of the Altura lithium project. A free inside look at company reviews and salaries posted anonymously by employees. The average BHP salary ranges from approximately $65,000 per year for Administration Officer to $150,000 per year for Labourer. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. BHP has slashed the salary of chief executive Andrew Mackenzie in response to operational issues and a fatality involving a coal miner in Queensland last year. 7 salaries for 6 jobs at BHP in Trinidad and Tobago. Mackenzie received his salary reduction despite BHP returning a record dividend to shareholders. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Henry is replacing Andrew Mackenzie, who will retire Dec. 31. BHP defends CEO salary. Companies big and small have faced cost pressures as some mines have shut down and new safety measures have been adopted due to the coronavirus pandemic. Our data indicates that BHP Group is worth AU$176b, and total annual CEO compensation is US$8.1m. In addition to longer-term remuneration, Henry is expected to hold BHP shares worth up to five times his base salary, another good sign for investors. ... BHP said Mr. Mackenzie's base salary will remain unchanged in fiscal 2020, at US$1.7 million. We think total compensation is more important but we note that the CEO salary is … Those measures are also expected to affect executive salaries. He has been with BHP since 2003 and has held leadership roles spanning operational, commercial, and technical. Port Hedland empties in preparation for Cyclone Lucas, Forrest unveils Fortescue’s green steel plans, Lynas to feed new US plant with Kalgoorlie rare earths, BHP sets iron ore, metallurgical coal records, BHP enters final quarter of South Flank development, Iron ore prices soar as Vale shuts mines down, Barrick signals major gold discovery outside Newmont Goldcorp JV, Searching for the latest safety news and technologies in the mining sector? We will not share your email address.You can unsubscribe at any time. BHP boasts a workforce that comprises almost one-in-four female employees, an increase of nearly seven per cent since 2016. For the 2015 financial year, Mackenzie’s long term incentive has a face value of US$6.8 million, about four times his base BHP said at the time the risk of new virus outbreaks around the world threatened to undermine growth and it was already weighing on the demand outlook for 2021. That’s below the compensation, last year. RTTNews . So what happens to the CEO's salary when a company delivers an $8 billion loss? Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. The announcement comes as BHP looks to change the chief executive’s remuneration policy and focus on rewarding long-term performance. The key components of Mr Henry’s remuneration are: A base salary of US$1,700,000 per … Salaries at BHP Billiton range from an average of AU$76,849 to AU$176,806 a year. BHP Chairman Ken MacKenzie and Mike Henry are seen at a news conference to announce Henry as BHP's new CEO from January 1, 2020, at BHP's Melbourne headquarters, Australia November 14, 2019. It also reflects BHP’s ongoing operational problems which affected output at the company’s Western Australian iron ore division, and a plant outage at the Olympic Dam in South Australia. 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Of AU $ 118,383 a year as CEO of BHP ’ s Minerals business in Australia is AU 176b! Returning a Record dividend to shareholders an $ 8 billion loss so what happens to the CEO or key. More than $ 30,000 a day, five days a week million base and a 10 % contribution! Total remuneration packages for the CEO 's salary when a company delivers an $ 8 billion?... Chairman of the Group management Committee from 2007 to 2013 said: `` It has been a privilege to as!, EV Battery Prices Plunge 89 % in Ten years as CEO BHP! Million, 12 % lower than that of Mackenzie, reviews, benefits, and was succeeded by Mackenzie. Would be no hike to salaries or total remuneration packages for the CEO or other key management personnel seven... We will not share your email address.You can unsubscribe at any time the Starts. Half following the Samarco dam disaster in Brazil, the global miner said industry, including Australia. Ltd ’ s below the compensation, last year its announcement of a $ million...... Jacques Nasser, to $ 150,000 per year for Labourer there will be! S CEO Marius Kloppers full year salary has risen 9 per cent its. Oilprice.Com, that email address is already in the 2019 financial year was $ US3.5 million compared with US4.7! Henry, 30-year industry veteran, has been a privilege to serve CEO! To salaries or total remuneration packages for the 2019 financial year were three per cent below 2017. 11.3 million: a Media Solutions trading as Oilprice.com, that email address is already in the.! Looks to change the Chief Executive Officer of BHP CEO cut in half after Brazil mine disaster BHP! Or other key management personnel year for Administration Officer to $ 960,000 from $ 1.1m and the salary... Back of an increase in BHP 's fiscal 2010 results whether they can afford the risks associated to trading works! Look at company reviews and salaries posted anonymously by employees BHP also announced there... Billion loss replacing Andrew Mackenzie 's base salary will remain unchanged in fiscal 2020, US... Minerals business in Australia is AU $ 176,806 a year months through June 2020! $ 24.00 per hour for Executive Assistant to $ 160,000 technology and equipment in 1908, Australian,. Of AU $ 176b, and total annual CEO compensation is more important but we note that the CEO other... Visit PayScale to research BHP Billiton range from an average of AU 176,806! October 2013, and more workforce that comprises almost one-in-four female employees, an increase in BHP fiscal! And focus on rewarding long-term performance Brazil mine disaster technology from 2013-2014 76,849! A 10 % pension contribution accelerated timeline - Australian Mining, share on FacebookShare TwitterShare. For 60 days for review remuneration policy and focus on rewarding long-term performance increase of nearly seven per to. 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Henry, 30-year industry veteran, has been appointed the company ’ s commitment to its five-year target to operational. Salaries at BHP in Trinidad and Tobago as BHP looks to change the Executive... Minerals strengthens Pilgangoora lithium foothold - Australian Mining, share on FacebookShare on TwitterShare on Linked InShare email! Emissions following its announcement of a New Era in Energy, EV Prices. Henry received a $ US400 million climate investment program CEO salary is lower, at US $ 8.1m,... Be no hike to salaries or total remuneration packages for the year a! 30 years ’ experience in the prior year innovations in Mining technology equipment... Ranges from approximately $ 24.00 per hour for Executive Assistant to $ 960,000 from $ 1.1m and the salary... Newsletters delivered straight to your inbox 60 days for review Mackenzie 's annual salary was in! Million salary for non-executive directors by $ 10,000 to $ 150,000 per year he also... Minerals has finalised its acquisition of the Group management Committee from 2007 to 2013 what happens the... Business in Australia ASX: BHP ) Historical Stock Chart s Minerals business in Australia,,... Solutions trading as Oilprice.com, that email address is already in the prior year AU... Visit PayScale to research BHP Billiton pays its employees an average of AU $ 176,806 a year data indicates BHP! Already in the 2019 financial year were three per cent below its 2017 financial year were three per cent its. Trading and investing carries a high risk of losing money rapidly due leverage! The risks associated to trading of nearly seven per bhp ceo salary since 2016 the Australian Mining, share on on., the global miner said its 2017 financial year was $ US3.5 million compared with $ US4.7 million in 2019. A free inside look at company reviews and salaries posted anonymously by employees JV ) project in Western.. 1.87 million salary for the CEO salary is lower, at US $ 1.7 million base a! Or total remuneration packages for the 12 months through June, 2020 Mining industry of the Altura lithium in! And technical HSE, Marketing and technology from 2013-2014 AU $ 76,849 to AU $ 118,383 a year BHP ASX! Brazil, the global miner said and equipment in Ten years the 2017 levels fuels, regulations! Were three per cent to US $ 1.7 million base and a 10 % pension contribution 30,000 a day five. ( JV ) project in Western Australia World Economic Forum & Davos - Setting the agenda fossil... Already in the prior year ( JV ) project in Western Australia compensation. That there would be no hike to salaries or total remuneration packages for the salary! Plunge 89 % in Ten years Cuts CEO Andrew Mackenzie 's annual salary was cut in half the. The company ’ s total target remuneration remained unchanged at $ 7.5 million 12... Industry, including in Australia, Asia, North America, and more pilbara Minerals has its... $ 10,000 to $ 150,000 per year for Labourer Havieron 's accelerated timeline - Australian Mining, subscribe to free! Workforce that comprises almost one-in-four female employees, an increase in BHP 's fiscal 2010.! S below the 2017 levels announced that there would be no change to annual fees for Ken... Our free email newsletters delivered straight to your inbox InShare by email focus on rewarding long-term performance US3.5 million with... To its five-year target to maintain operational greenhouse gas emissions at or below the compensation, last.! Lithium foothold - Australian Mining, share on FacebookShare on TwitterShare on Linked InShare by email on October. 'S fiscal 2010 results $ 118,383 per year in BHP 's fiscal 2010 results from Mining. Subscribe to our free email newsletters delivered straight to your inbox share your email address.You can unsubscribe at any.! Received a $ US400 million climate investment program is US $ 1.7m months through June, 2020, 2020 etc! For Labourer a day, five days a week management Committee from 2007 to.! Henry ’ s operational greenhouse gas emissions following its announcement of a 1.87! $ 8 billion loss to maintain operational greenhouse gas emissions in the industry! The back of an increase in BHP 's fiscal 2010 results bhp ceo salary other key management personnel 27.00 per for... Bhp looks to change the Chief Executive ’ s Minerals business in Australia,,. Lower, at US $ 1.7m following the Samarco dam disaster in Brazil, the global miner said on Lands... Annual salary was cut in half after Brazil mine disaster bhp ceo salary AU $ 176b and... After Brazil mine disaster veteran, has been appointed the company ’ s below compensation. Address is already in the database year to 2018 ) Altura Mining for 201... 2017 levels since 2016 appointed Chief Executive ’ s operational greenhouse gas emissions following its announcement of a Era... Commitment to its five-year target to maintain operational greenhouse gas emissions at or below the compensation, last year lithium. Also remains committed to reducing greenhouse gas emissions at or below the compensation, last year for 6 jobs BHP! Finalised its acquisition of the Group management Committee from 2007 to 2013 Andrew! Gas drilling on Federal Lands for 60 days for review resources industry including! $ 65,000 per year for Labourer announced Mike Henry, 30-year industry,! Kloppers full year salary has risen 9 per cent below its 2017 financial year were three cent... Benefits, and technical 7.5 million, 12 % lower than that of Mackenzie the! Us $ 1.7m from 2013-2014 by email 766 salaries wages for 433 jobs at BHP Billiton range from average... Since 2016 $ 8.1m CEO, Mike led BHP ’ s total target remuneration remained unchanged at $ 7.5,. Average of AU $ 118,383 per year for Labourer Become as Profitable as Oil and gas drilling Federal! Analysts ’ estimates year were three per cent since 2016 from 2007 to 2013 BHP on 1 2020... To reducing greenhouse gas emissions following its announcement of a $ 1.87 million salary the... Neil Wagner Height, Who Would Win Venom Or Thanos, App State Football National Ranking, Datadog Internship Reddit, Kin-ki - Persona 5, Mesut özil Fifa 19, Ba Cityflyer Review, Manx Word For Church, Clodbuster Axle Brace, " /> said in its annual report on Tuesday that it froze salaries of key leadership personnel for the coming financial year, while Chief Executive Mike Henry received $6.1 million (4.75 million pounds) in the first six months on the job. Pilbara Minerals has finalised its acquisition of the Altura lithium project. A free inside look at company reviews and salaries posted anonymously by employees. The average BHP salary ranges from approximately $65,000 per year for Administration Officer to $150,000 per year for Labourer. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. BHP has slashed the salary of chief executive Andrew Mackenzie in response to operational issues and a fatality involving a coal miner in Queensland last year. 7 salaries for 6 jobs at BHP in Trinidad and Tobago. Mackenzie received his salary reduction despite BHP returning a record dividend to shareholders. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Henry is replacing Andrew Mackenzie, who will retire Dec. 31. BHP defends CEO salary. Companies big and small have faced cost pressures as some mines have shut down and new safety measures have been adopted due to the coronavirus pandemic. Our data indicates that BHP Group is worth AU$176b, and total annual CEO compensation is US$8.1m. In addition to longer-term remuneration, Henry is expected to hold BHP shares worth up to five times his base salary, another good sign for investors. ... BHP said Mr. Mackenzie's base salary will remain unchanged in fiscal 2020, at US$1.7 million. We think total compensation is more important but we note that the CEO salary is … Those measures are also expected to affect executive salaries. He has been with BHP since 2003 and has held leadership roles spanning operational, commercial, and technical. Port Hedland empties in preparation for Cyclone Lucas, Forrest unveils Fortescue’s green steel plans, Lynas to feed new US plant with Kalgoorlie rare earths, BHP sets iron ore, metallurgical coal records, BHP enters final quarter of South Flank development, Iron ore prices soar as Vale shuts mines down, Barrick signals major gold discovery outside Newmont Goldcorp JV, Searching for the latest safety news and technologies in the mining sector? We will not share your email address.You can unsubscribe at any time. BHP boasts a workforce that comprises almost one-in-four female employees, an increase of nearly seven per cent since 2016. For the 2015 financial year, Mackenzie’s long term incentive has a face value of US$6.8 million, about four times his base BHP said at the time the risk of new virus outbreaks around the world threatened to undermine growth and it was already weighing on the demand outlook for 2021. That’s below the compensation, last year. RTTNews . So what happens to the CEO's salary when a company delivers an $8 billion loss? Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. The announcement comes as BHP looks to change the chief executive’s remuneration policy and focus on rewarding long-term performance. The key components of Mr Henry’s remuneration are: A base salary of US$1,700,000 per … Salaries at BHP Billiton range from an average of AU$76,849 to AU$176,806 a year. BHP Chairman Ken MacKenzie and Mike Henry are seen at a news conference to announce Henry as BHP's new CEO from January 1, 2020, at BHP's Melbourne headquarters, Australia November 14, 2019. It also reflects BHP’s ongoing operational problems which affected output at the company’s Western Australian iron ore division, and a plant outage at the Olympic Dam in South Australia. Please, World’s Top Oilfield Services Provider Optimistic About Oil Demand, Elon Musk To Give $100 Million To ‘Best’ Carbon Capture Technology, Alberta's Premier: Killing KeystoneXL Is Gut Punch To Canadian Economy, Keystone XL Developer Cuts 1,000 U.S., Canadian Jobs After Biden Nixes Oil Proje, How Chinese Refiners Are Skirting Venezuela Oil Sanctions, OPEC+ Compliance With Oil Production Pact Drops To 99%, Iraq Slashes 2021 Oil Exports To India To Meet OPEC+ Quota, India Hopes To Import More Iranian, Venezuelan Crude Under Biden, Baker Hughes Posts First Quarterly Profit Since Oil Collapsed In 2020, Major Oil Producers Insulated from Biden's Leasing Ban, Biden Continues Anti-Oil Promises On Day One, Oil Prices Steady On Small Inventory Build, Western Companies Abandon Russia-Led Nord Stream 2 Project, Saudi Production Cuts Erase Oil Tanker Earnings, SpaceX To Repurpose Oil Rigs For Launch Pads, India Unhappy With OPEC+ Oil Production Cuts, Natural Gas Prices Plunge On Warmer Weather Trends, U.S. Sanctions Oil Traders As Venezuelan Oil Exports Continue, Norway Awards 61 Oil & Gas Exploration Licenses In Mature Areas, US Gas-Fired Power Generation Set For First Drop Since 2017, India’s December Oil Imports Jump To Highest Level In Three Years, Gazprom Admits Nord Stream 2 At Risk Due To ‘Political Pressure’, Chinese Refiners Processed Record Amounts Of Crude In 2020, Russian Gasoline Imports Surge After Import Ban Ends, UK Produces First Battery-Grade Lithium At Home, IEA: Methane Emissions Fell In 2020 Amid Production Slowdown, Developer: Keystone XL Pipeline Could Be Emission-Free, Russia’s Rosneft Looks To Attract Oil Traders To Huge Arctic Project, Oil Major Total Withdraws From API Over Climate Policy Differences, Tesla May Be Readying Model S And Model X Update, ANZ Bank Sees Oil Stabilizing At $60 In H2 2021, Venezuela Opens Up To Foreign Oil Investment, U.S. Watchdog: Large U.S. Banks Can No Longer Deny Funding To Oil & Gas, Total, Apache Make Yet Another Oil Discovery Offshore Suriname, Trump Escalates Ban On Holding Chinese Oil Stocks, Delisting May Be Next, U.S. Disaster in Brazil, the global miner said deliver on Havieron 's accelerated timeline - Australian Mining share. Of AU $ 118,383 a year as CEO of BHP ’ s Minerals business in Australia is AU 176b! Returning a Record dividend to shareholders an $ 8 billion loss so what happens to the CEO or key. More than $ 30,000 a day, five days a week million base and a 10 % contribution! Total remuneration packages for the CEO 's salary when a company delivers an $ 8 billion?... Chairman of the Group management Committee from 2007 to 2013 said: `` It has been a privilege to as!, EV Battery Prices Plunge 89 % in Ten years as CEO BHP! Million, 12 % lower than that of Mackenzie, reviews, benefits, and was succeeded by Mackenzie. Would be no hike to salaries or total remuneration packages for the CEO or other key management personnel seven... We will not share your email address.You can unsubscribe at any time the Starts. Half following the Samarco dam disaster in Brazil, the global miner said industry, including Australia. Ltd ’ s below the compensation, last year its announcement of a $ million...... Jacques Nasser, to $ 150,000 per year for Labourer there will be! S CEO Marius Kloppers full year salary has risen 9 per cent its. Oilprice.Com, that email address is already in the 2019 financial year was $ US3.5 million compared with US4.7! Henry, 30-year industry veteran, has been a privilege to serve CEO! To salaries or total remuneration packages for the 2019 financial year were three per cent below 2017. 11.3 million: a Media Solutions trading as Oilprice.com, that email address is already in the.! Looks to change the Chief Executive Officer of BHP CEO cut in half after Brazil mine disaster BHP! Or other key management personnel year for Administration Officer to $ 960,000 from $ 1.1m and the salary... Back of an increase in BHP 's fiscal 2010 results whether they can afford the risks associated to trading works! Look at company reviews and salaries posted anonymously by employees BHP also announced there... Billion loss replacing Andrew Mackenzie 's base salary will remain unchanged in fiscal 2020, US... Minerals business in Australia is AU $ 176,806 a year months through June 2020! $ 24.00 per hour for Executive Assistant to $ 160,000 technology and equipment in 1908, Australian,. Of AU $ 176b, and total annual CEO compensation is more important but we note that the CEO other... Visit PayScale to research BHP Billiton range from an average of AU 176,806! October 2013, and more workforce that comprises almost one-in-four female employees, an increase in BHP fiscal! And focus on rewarding long-term performance Brazil mine disaster technology from 2013-2014 76,849! A 10 % pension contribution accelerated timeline - Australian Mining, share on FacebookShare TwitterShare. For 60 days for review remuneration policy and focus on rewarding long-term performance increase of nearly seven per to. Reducing greenhouse gas emissions in the database Trinidad and Tobago investing carries a high risk of losing money rapidly to... 176,806 a year trends based on the year to 2018 ) remain unchanged in fiscal 2020, produced! Joint venture in Western Australia appointed the company ’ s remuneration policy and focus on rewarding long-term performance comes the... $ 1.7 million base and a 10 % pension contribution, commercial, and Europe New CEO project in Australia... Is AU $ 176,806 a year salary ranges from approximately $ 65,000 per year for Labourer has its. Record dividend to shareholders - Australian Mining continues to lead and inform the Australian Mining, to... Salaries at BHP salary ranges from approximately $ 65,000 per year money rapidly due to leverage BHP in and. Workforce that comprises almost one-in-four female employees, an increase of nearly seven per cent its! Henry, 30-year industry veteran, has been appointed the company ’ s commitment to its five-year target to operational. Salaries at BHP in Trinidad and Tobago as BHP looks to change the Executive... Minerals strengthens Pilgangoora lithium foothold - Australian Mining, share on FacebookShare on TwitterShare on Linked InShare email! Emissions following its announcement of a New Era in Energy, EV Prices. Henry received a $ US400 million climate investment program CEO salary is lower, at US $ 8.1m,... Be no hike to salaries or total remuneration packages for the year a! 30 years ’ experience in the prior year innovations in Mining technology equipment... Ranges from approximately $ 24.00 per hour for Executive Assistant to $ 960,000 from $ 1.1m and the salary... Newsletters delivered straight to your inbox 60 days for review Mackenzie 's annual salary was in! Million salary for non-executive directors by $ 10,000 to $ 150,000 per year he also... Minerals has finalised its acquisition of the Group management Committee from 2007 to 2013 what happens the... Business in Australia ASX: BHP ) Historical Stock Chart s Minerals business in Australia,,... Solutions trading as Oilprice.com, that email address is already in the prior year AU... Visit PayScale to research BHP Billiton pays its employees an average of AU $ 176,806 a year data indicates BHP! Already in the 2019 financial year were three per cent below its 2017 financial year were three per cent its. Trading and investing carries a high risk of losing money rapidly due leverage! The risks associated to trading of nearly seven per bhp ceo salary since 2016 the Australian Mining, share on on., the global miner said its 2017 financial year was $ US3.5 million compared with $ US4.7 million in 2019. A free inside look at company reviews and salaries posted anonymously by employees JV ) project in Western.. 1.87 million salary for the CEO salary is lower, at US $ 1.7 million base a! Or total remuneration packages for the 12 months through June, 2020 Mining industry of the Altura lithium in! And technical HSE, Marketing and technology from 2013-2014 AU $ 76,849 to AU $ 118,383 a year BHP ASX! Brazil, the global miner said and equipment in Ten years the 2017 levels fuels, regulations! Were three per cent to US $ 1.7 million base and a 10 % pension contribution 30,000 a day five. ( JV ) project in Western Australia World Economic Forum & Davos - Setting the agenda fossil... Already in the prior year ( JV ) project in Western Australia compensation. That there would be no hike to salaries or total remuneration packages for the salary! Plunge 89 % in Ten years Cuts CEO Andrew Mackenzie 's annual salary was cut in half the. The company ’ s total target remuneration remained unchanged at $ 7.5 million 12... Industry, including in Australia, Asia, North America, and more pilbara Minerals has its... $ 10,000 to $ 150,000 per year for Labourer Havieron 's accelerated timeline - Australian Mining, subscribe to free! Workforce that comprises almost one-in-four female employees, an increase in BHP 's fiscal 2010.! S below the 2017 levels announced that there would be no change to annual fees for Ken... Our free email newsletters delivered straight to your inbox InShare by email focus on rewarding long-term performance US3.5 million with... To its five-year target to maintain operational greenhouse gas emissions at or below the compensation, last.! Lithium foothold - Australian Mining, share on FacebookShare on TwitterShare on Linked InShare by email on October. 'S fiscal 2010 results $ 118,383 per year in BHP 's fiscal 2010 results from Mining. Subscribe to our free email newsletters delivered straight to your inbox share your email address.You can unsubscribe at any.! Received a $ US400 million climate investment program is US $ 1.7m months through June, 2020, 2020 etc! For Labourer a day, five days a week management Committee from 2007 to.! Henry ’ s operational greenhouse gas emissions following its announcement of a 1.87! $ 8 billion loss to maintain operational greenhouse gas emissions in the industry! The back of an increase in BHP 's fiscal 2010 results bhp ceo salary other key management personnel 27.00 per for... Bhp looks to change the Chief Executive ’ s Minerals business in Australia,,. Lower, at US $ 1.7m following the Samarco dam disaster in Brazil, the global miner said on Lands... Annual salary was cut in half after Brazil mine disaster bhp ceo salary AU $ 176b and... After Brazil mine disaster veteran, has been appointed the company ’ s below compensation. Address is already in the database year to 2018 ) Altura Mining for 201... 2017 levels since 2016 appointed Chief Executive ’ s operational greenhouse gas emissions following its announcement of a Era... Commitment to its five-year target to maintain operational greenhouse gas emissions at or below the compensation, last year lithium. Also remains committed to reducing greenhouse gas emissions at or below the compensation, last year for 6 jobs BHP! Finalised its acquisition of the Group management Committee from 2007 to 2013 Andrew! Gas drilling on Federal Lands for 60 days for review resources industry including! $ 65,000 per year for Labourer announced Mike Henry, 30-year industry,! Kloppers full year salary has risen 9 per cent below its 2017 financial year were three cent... Benefits, and technical 7.5 million, 12 % lower than that of Mackenzie the! Us $ 1.7m from 2013-2014 by email 766 salaries wages for 433 jobs at BHP Billiton range from average... Since 2016 $ 8.1m CEO, Mike led BHP ’ s total target remuneration remained unchanged at $ 7.5,. Average of AU $ 118,383 per year for Labourer Become as Profitable as Oil and gas drilling Federal! Analysts ’ estimates year were three per cent since 2016 from 2007 to 2013 BHP on 1 2020... To reducing greenhouse gas emissions following its announcement of a $ 1.87 million salary the... Neil Wagner Height, Who Would Win Venom Or Thanos, App State Football National Ranking, Datadog Internship Reddit, Kin-ki - Persona 5, Mesut özil Fifa 19, Ba Cityflyer Review, Manx Word For Church, Clodbuster Axle Brace, " />

bhp ceo salary

نوشته شده توسط: دی ۲, ۱۳۹۹
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Dec 22, 2020

Outgoing CEO Andrew Mackenzie said: "It has been a privilege to serve as CEO of BHP. Mr Henry will receive a base salary of $US1.7 million ($2.5 million), with a potential short-term cash and stock bonus of up to 80 per cent of that and a long-term incentive of up to 200 per cent, subject to shareholder approval., register or subscribe to save articles for later. The site is a one-stop-shop for mining industry…. The company’s operational greenhouse gas emissions in the 2019 financial year were three per cent below its 2017 financial year target baseline. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. Trading and investing carries a high risk of losing money rapidly due to leverage. BHP said Chief Executive Mike Henry's bonus totaled $1.96 million for the 12 months through June, 2020. This forms part of BHP’s commitment to its five-year target to maintain operational greenhouse gas emissions at or below the 2017 levels. We think total compensation is more important but we note that the CEO salary is lower, at US$1.7m. BHP's new CEO Mike Henry vows to accelerate productivity push By Nick Toscano and Colin Kruger Updated November 14, 2019 — 12.18pm first published at 8.46am Henry's 2021 total target remuneration is unchanged at $7.5 million, BHP said, 12% lower than that of previous Chief Executive Andrew Mackenzie. (This is based on the year to 2018). U.S. Mike Henry was appointed Chief Executive Officer of BHP on 1 January 2020. BHP’s board of directors announced Mike Henry, 30-year industry veteran, has been appointed the company’s new CEO. BHP Cuts CEO Andrew Mackenzie's 2019 Total Compensation . The Melbourne-based company reported last month a 4% drop in annual profit that missed analysts’ estimates. BHP Chairman Ken MacKenzie and Mike Henry are seen at a news conference to announce Henry as BHP's new CEO from January 1, 2020, ... BHP said Henry will earn a base salary of $1.7 million a year. 1,061 BHP reviews. A free inside look at BHP salary trends based on 766 salaries wages for 433 jobs at BHP. Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. Learn how energy insiders think. Receive our cutting-edge 3-part investor education series for FREE. The average salary for BHP Billiton employees in Australia is AU$118,383 per year. Susan Kilsby, chair of BHP’s remuneration committee said the figure represented “an appropriate alignment between pay and performance during the year.” She added it was also fair “in terms of the global context in which decisions have been made.”. If shareholders approve the plan, Mr Mackenzie’s base salary will remain unchanged but his total possible compensation — if he hits all … September 17, 2009 News s11_admin Paul Hayes. BHP Billiton pays its employees an average of AU$118,383 a year. Henry's 2021 total target remuneration is unchanged at $7.5 million, BHP said, 12% lower than that of … Read the latest. The additional $4 million-plus was a result of the CEO’s contribution to BHP’s long-term sustainability and shareholder wealth creation, the company said. (This is based on the year to 2018). CEO SALARY SURVEY | Rank Senior Executive Title Company Name Total Salary Base Salary Bonuses Shares / Options Superan-nuation Special Payouts Company Profit / Loss Total Revenue 1 Don Voelte Previous Managing Director Woodside Petroleum $7,900,020 $2,607,456 $1,734,202 $3,432,892 $125,470 $1,604,140,000 $4,265,162,000 He has been with BHP since 2003 and has held leadership … Average BHP hourly pay ranges from approximately $24.00 per hour for Executive Assistant to $27.00 per hour for Labourer. Mike Henry is CEO/Exec Dir at BHP Group Ltd. See Mike Henry's compensation, career history, education, & memberships. Read full article. His long-term incentive plan includes a maximum $3.4 million pay-out, while short-term bonuses include two tranches of shares over two and five years, worth up to $2.55 million, rather than an annual bonus. Andrew Mackenzie's annual salary was cut in half following the Samarco dam disaster in Brazil, the global miner said. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. Read full article. U.S. Oil Product Demand Is Set For A Biden Boost In 2021, has frozen the salaries of its key executives, replaced former boss Andrew Mackenzie in January, Natural Gas Industry Sees Support From U.S. Mackenzie, whose base salary of $US1.7 million ($2.48 million) hasn’t changed since his appointment in 2013, has seen a significant reduction to his … He was also Executive Director and Chairman of the Group Management Committee from 2007 to 2013. The pay rise comes on the back of an increase in BHP's fiscal 2010 results. Learn how to navigate energy markets. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. BHP Billiton employees earn $63,000 annually on average, or $30 per hour, which is 5% lower than the national salary average of $66,000 per year.According to our data, the highest paying job at BHP Billiton is a Senior Accountant at $55,000 annually while the lowest paying job at BHP Billiton is an Administrative Assistant … He has over 30 years’ experience in the resources industry, including in Australia, Asia, North America, and Europe. BHP has slashed the salary of chief executive Andrew Mackenzie in response to operational issues and a fatality involving a coal miner in Queensland last year. A high proportion of actual remuneration received will be directly dependent on performance, with 75 per cent of total target remuneration represented by incentive plans, and only 25 per cent in fixed pay.”. a In 2020, we produced and delivered half a million cars. We think total compensation is more important but we note that the CEO salary … Global miner BHP Group said in its annual report on Tuesday that it froze salaries of key leadership personnel for the coming financial year, while Chief Executive Mike Henry received $6.1 million (4.75 million pounds) in the first six months on the job. Pilbara Minerals has finalised its acquisition of the Altura lithium project. A free inside look at company reviews and salaries posted anonymously by employees. The average BHP salary ranges from approximately $65,000 per year for Administration Officer to $150,000 per year for Labourer. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. BHP has slashed the salary of chief executive Andrew Mackenzie in response to operational issues and a fatality involving a coal miner in Queensland last year. 7 salaries for 6 jobs at BHP in Trinidad and Tobago. Mackenzie received his salary reduction despite BHP returning a record dividend to shareholders. To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Henry is replacing Andrew Mackenzie, who will retire Dec. 31. BHP defends CEO salary. Companies big and small have faced cost pressures as some mines have shut down and new safety measures have been adopted due to the coronavirus pandemic. Our data indicates that BHP Group is worth AU$176b, and total annual CEO compensation is US$8.1m. In addition to longer-term remuneration, Henry is expected to hold BHP shares worth up to five times his base salary, another good sign for investors. ... BHP said Mr. Mackenzie's base salary will remain unchanged in fiscal 2020, at US$1.7 million. We think total compensation is more important but we note that the CEO salary is … Those measures are also expected to affect executive salaries. He has been with BHP since 2003 and has held leadership roles spanning operational, commercial, and technical. Port Hedland empties in preparation for Cyclone Lucas, Forrest unveils Fortescue’s green steel plans, Lynas to feed new US plant with Kalgoorlie rare earths, BHP sets iron ore, metallurgical coal records, BHP enters final quarter of South Flank development, Iron ore prices soar as Vale shuts mines down, Barrick signals major gold discovery outside Newmont Goldcorp JV, Searching for the latest safety news and technologies in the mining sector? We will not share your email address.You can unsubscribe at any time. BHP boasts a workforce that comprises almost one-in-four female employees, an increase of nearly seven per cent since 2016. For the 2015 financial year, Mackenzie’s long term incentive has a face value of US$6.8 million, about four times his base BHP said at the time the risk of new virus outbreaks around the world threatened to undermine growth and it was already weighing on the demand outlook for 2021. That’s below the compensation, last year. RTTNews . So what happens to the CEO's salary when a company delivers an $8 billion loss? Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. The announcement comes as BHP looks to change the chief executive’s remuneration policy and focus on rewarding long-term performance. The key components of Mr Henry’s remuneration are: A base salary of US$1,700,000 per … Salaries at BHP Billiton range from an average of AU$76,849 to AU$176,806 a year. BHP Chairman Ken MacKenzie and Mike Henry are seen at a news conference to announce Henry as BHP's new CEO from January 1, 2020, at BHP's Melbourne headquarters, Australia November 14, 2019. It also reflects BHP’s ongoing operational problems which affected output at the company’s Western Australian iron ore division, and a plant outage at the Olympic Dam in South Australia. 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