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BHP says Westpac chairman Lindsay Maxsted will not stand for re-election on its board

January 13, 2020 at 05:24 pm EST

BHP Group said on Tuesday Lindsay Maxsted will not stand for re-election as a director, months after he brought forward his retirement as chairman of Westpac Banking Corp after a money-laundering scandal rocked the lender.

Maxsted will remain a member of the board, and on the risk and audit committees of the world's biggest miner until the 2020 annual general meeting.

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Sandra Maler)

Stocks mentioned in the article

Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
WESTPAC BANKING CORPORATION	25.5 AUD	-0.89%	-2.00%	57.46B
BHP GROUP LIMITED	44.63 AUD	-1.02%	-1.96%	147B
TRANSURBAN GROUP	12.75 AUD	-0.47%	-4.06%	25.51B
LINE CORPORATION	5,350 JPY	-.--%	-0.19%	12.52B
AT HOME GROUP INC.	36.99 USD	-0.08%	+0.22%	2.41B

Lindsay Maxsted

Mr. Lindsay P. Maxsted is a Chairman at Transurban Group Ltd., a Chairman at Transurban Holdings Ltd., a Chairman at Transurban Infrastructure Management Ltd., a Chairman at Transurban International Ltd. and a Managing Director & Director at Align Capital Pty Ltd. He is on the Board of Directors at Westpac Banking Corp. (New Zealand Branch), Baker Heart & Diabetes Institute, Align Investments Pty Ltd., Belmont Pty Ltd., Centip Pty Ltd., Continuum Investments Pty Ltd., Jacobite Investments Pty Ltd. and Align Capital Pty Ltd. Mr. Maxsted was previously employed as an Independent Non-Executive Director by BHP Group Ltd., an Independent Non-Executive Director by BHP Group Plc, a Chairman by Westpac Banking Corp., a Chief Executive Officer by KPMG Australia Pty Ltd., a Chairman by Public Transport Ombudsman, a Chairman by Public Transport Corp. /Victoria/, and a Non-Executive Chairman by VicRacing Pty Ltd. He also served on the board at St. George Bank Ltd.

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Linked companies
Align Capital Pty Ltd.	Chief Executive Officer
Transurban Infrastructure Management Ltd. Transurban Infrastructure Management Ltd. Miscellaneous Commercial ServicesCommercial Services Transurban Infrastructure Management Ltd. provides business services. The company is headquartered in Docklands, Australia.	Chairman