BHP Seeks Changes to CEO Pay Structure -- Update. Hydrogen: The Beginning Of A New Era In Energy, EV Battery Prices Plunge 89% In Ten Years. BHP also remains committed to reducing greenhouse gas emissions following its announcement of a $US400 million climate investment program. He was President Coal from 2015-2016 and President HSE, Marketing and Technology from 2013-2014. Newcrest Mining has commenced early works at the Havieron gold-copper joint venture in Western Australia. At the time of writing, our data says that BHP Group has a market cap of AU$187b, and reported total annual CEO compensation of US$7.9m for the year to June 2019. Salary of BHP CEO cut in half after Brazil mine disaster. The total is made up of base pay of $1.7 million, benefits of $92,000, short term incentive of $3.136 million, long term incentive of $2.635 million and a pension top up of $425,000. Salaries at BHP Billiton range from an average of AU$76,849 to AU$176,806 a year. 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. A free inside look at company reviews and salaries posted anonymously by employees. BHP boasts a workforce that comprises almost one-in-four female employees, an increase of nearly seven per cent since 2016. 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 To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. Pilbara Minerals has finalised its acquisition of the Altura lithium project. 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. Henry's 2021 total target remuneration is unchanged at $7.5 million, BHP said, 12% lower than that of previous Chief Executive Andrew Mackenzie. He was asked to retire as CEO on 1 October 2013, and was … The Melbourne-based company reported last month a 4% drop in annual profit that missed analysts’ estimates. Salary of BHP CEO cut in half after Brazil mine disaster. Newcrest Mining has commenced early works at the Havieron gold-copper joint venture in Western Australia. Prior to being appointed CEO, Mike led BHP’s Minerals business in Australia. Receive our cutting-edge 3-part investor education series for FREE. Mike Henry is CEO/Exec Dir at BHP Group Ltd. See Mike Henry's compensation, career history, education, & memberships. U.S. 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. Mike Henry was appointed Chief Executive Officer of BHP on 1 January 2020. The average salary for BHP Billiton employees in Australia is AU$118,383 per year. We think total compensation is more important but we note that the CEO salary … Average BHP hourly pay ranges from approximately $24.00 per hour for Executive Assistant to $27.00 per hour 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 said Chief Executive Mike Henry's bonus totaled $1.96 million for the 12 months through June, 2020. 1,061 BHP reviews. Salaries posted anonymously by BHP employees. Newcrest Mining has commenced early works at the Havieron gold-copper joint venture (JV) project in Western Australia. Henry's 2021 total target remuneration is unchanged at $7.5 million, BHP said, 12% lower than that of … His pay works out at more than $30,000 a day, five days a week. The decision was revealed in BHP’s annual report, which shows progress being made in the company’s ongoing commitment to diversity. A free inside look at BHP salary trends based on 766 salaries wages for 433 jobs at BHP. New BHP boss could earn close to $10m Mr Henry's renumeration package includes a base salary of $2.4 million ($US1.7 million) and the potential for a short term cash reward of $1.98 million ($US1.36 million). 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BHP said Henry will earn a base salary of $1.7 million a year. Visit PayScale to research BHP Billiton salaries, bonuses, reviews, benefits, and more! We will not share your email address.You can unsubscribe at any time. 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. Trading and investing carries a high risk of losing money rapidly due to leverage. Underlying profit attributable from continuing operations for the year ended June 30 fell to $9.06 billion, below estimates of $9.42 billion, according to Refinitiv IBES data. The key components of Mr Henry’s remuneration are: A base salary of US$1,700,000 per … In its remuneration policy section of its annual report, the world’s largest miner said that Henry, who replaced former boss Andrew Mackenzie in January, received most of his salary through short- and long-term incentives. So what happens to the CEO's salary when a company delivers an $8 billion loss? The Debate Starts : Remake Republican Party vs. Third Party, Deceptions Revealed about the “Nord Stream 2 Pipeline” and Germany. BHP defends CEO salary. Navalny Poisoning Weakens Russo German Relations. The average BHP salary ranges from approximately $65,000 per year for Administration Officer to … 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 … Mining giant BHP (ASX, LON, NYSE: BHP) has frozen the salaries of its key executives for the coming financial year, while paying chief executive Mike Henry $6.1 million for the first six months on the job. Henry is replacing Andrew Mackenzie, who will retire Dec. 31. 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