BHP Appoints New CEO Brandon Craig Effective July 1
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 17 2026
0mins
Should l Buy BHP?
Source: seekingalpha
- New CEO Appointment: BHP announced the appointment of Brandon Craig, currently head of Americas operations, as the new CEO effective July 1, succeeding Mike Henry, who has served for over six years, indicating a strategic leadership shift within the company.
- Rich Leadership Experience: Craig has led BHP's Western Australia iron ore business since 2020 and became President of BHP Americas in March 2022, bringing over 20 years of experience with the company, which is expected to drive continued growth in key business areas.
- Henry's Achievements and Challenges: During Henry's tenure, he reshaped the company by scaling back coal and exiting oil and gas, while acquiring OZ Minerals and Filo Corp. to enhance the copper business; however, he also faced several failed attempts to acquire Anglo American, highlighting the complexities of market competition.
- Market Reaction and Future Outlook: The new CEO's appointment may influence investor confidence, particularly against the backdrop of strategic adjustments made during Henry's tenure, with the market closely watching how Craig addresses future challenges and opportunities.
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Analyst Views on BHP
Wall Street analysts forecast BHP stock price to fall
3 Analyst Rating
1 Buy
1 Hold
1 Sell
Hold
Current: 69.500
Low
49.50
Averages
56.50
High
68.00
Current: 69.500
Low
49.50
Averages
56.50
High
68.00
About BHP
BHP Group Limited is an Australia-based resources company. The Company is a producer of commodities, including iron ore, copper, nickel, potash and metallurgical (steelmaking) coal. It is focused on offering a range of resources, which provides copper for renewable energy; nickel for electric vehicles; potash for sustainable farming, and iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. Its segments include Copper, Iron Ore, and Coal. Its Copper segment is engaged in mining of copper, silver, zinc, molybdenum, uranium, and gold. Its Iron Ore segment is engaged in mining of iron ore. Its Coal segment is engaged in mining of metallurgical coal and energy coal. The Company is also focused on operating Olympic Dam, Prominent Hill, and Carrapateena underground copper-gold mines in South Australia. Its operations are situated in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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