BHP today announced that its Transformation Office will transition into assets and functions, following a successful campaign to elevate and accelerate change across the Company.

BHP's Chief Executive Officer, Andrew Mackenzie, said: 'We created the Transformation Office to accelerate change at BHP and bring focus to our activity and our processes on value creation. The foundation of this mindset is now in place.'

'The Company is now able to transition the transformation work into its permanent home within the functions and assets. Transformation will now become a core accountability of every leader within BHP and will be accelerated through their delivery plans to realise the full value of this opportunity.'

Over the past 18 months, the Transformation Office has laid the foundations for BHP to accelerate performance through better safety, lower costs, greater reliability and higher returns.

Key initiatives including the BHP Operating System, Value Chain Automation, Centres of Excellence and focus on culture, capability and innovation, are well aligned with the day-to-day activities of the assets and functions.

Chief Transformation Officer Jonathan Price will oversee the transition of Transformation programs into the assets and functions over the first half of 2020. At the conclusion of this work, Mr Price will leave BHP and move back to the United Kingdom with his family.

Mr Mackenzie said: 'During his 14 years with BHP, and most recently as a member of the Executive Leadership Team, Jonathan has demonstrated strong and creative leadership across nickel, marketing, iron ore and finance, where he has worked with customers, governments, investors, and joint venture partners. He has a track record of delivery, innovation, effective change management and commitment to our agenda for gender balance and inclusion and diversity.

'Jonathan's departure will be a loss for BHP, but we respect his decision and wish him and his family every success for the future.'

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BHP Group Limited published this content on 13 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 December 2019 02:55:02 UTC