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BHP Billiton today announced that its Iron Ore President, Ian Ashby, would be leaving BHP Billiton on 1 July 2012, after more than 25 years with the Company. Mr Ashby will be succeeded by Jimmy Wilson, currently BHP Billiton Energy Coal President.

BHP Billiton Group Executive and Chief Executive Ferrous and Coal, Marcus Randolph, said:

“Jimmy is a very experienced business leader who has more than 20 years’ experience with the Group. He will build on Ian’s successful leadership to continue to grow the Iron Ore business, while ensuring it continues to operate to world class standards. Jimmy’s background includes successful roles as President of the Energy Coal and Stainless Steel Materials business groups and he brings deep operating and project experience to his new role in Iron Ore. I know that he and his family are looking forward to returning to Perth.

“I would also like to thank Ian for his tremendous contribution to BHP Billiton during his 25 years with the Group. Under his leadership Iron Ore has become our largest and most profitable business. Ian will leave Iron Ore in excellent shape and with a bright future. His wisdom and experience will be missed, and we wish him all the best.”

To allow a smooth transition, Mr Wilson will join the Iron Ore team immediately. Energy Coal CFO, Andre Liebenberg, will assume the role of Acting President, Energy Coal. A separate announcement around a final decision on the Energy Coal President role will be made in due course.

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