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Marius Kloppers

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Marius Kloppers
Born
Marius Jacques Kloppers

(1962-08-26) 26 August 1962 (age 62)
Cape Town, South Africa
EducationBE (Chem), MBA, PhD (Materials Science)
Alma materUniversity of Pretoria, MIT, and INSEAD
OccupationBusinessman
Years active1986–present
TitleChief Executive, BHP Billiton
Term2007–present
PredecessorChip Goodyear
Successor Andrew MacKenzie[1][2]
SpouseCarin
ChildrenNoni, Reuben and Gabrielle

Marius Jacques Kloppers (born 26 August 1962) is a South African businessman and former CEO of BHP Billiton, the world's largest mining company.[3] He was also Executive Director and Chairman of the Group Management Committee.[4] He was asked to retire as CEO on 1 October 2013, and was succeeded by Andrew Mackenzie.[1][2]

Education

Kloppers graduated from Helpmekaar Kollege, an IEB school in Johannesburg. Kloppers graduated with a Bachelor of Chemical Engineering from the University of Pretoria and subsequently went on to receive a PhD at Massachusetts Institute of Technology. He also graduated with an MBA from INSEAD.

Career

Kloppers worked in petrochemicals at Sasol and materials research with Mintek in South Africa. Following completion of his MBA at INSEAD, he then worked with management consultants McKinsey & Co in Netherlands before joining Billiton in 1993. In 2007, at the age of 44, he was appointed CEO of the largest resource company in the world, BHP Billiton. He officially assumed the position of CEO on 1 October 2007. His total annual compensation for this role is $3,482,948, this consists of a $1,677,070 salary and $1,805,878 bonus.[5][6] By 2009 his annual compensation had increased to $US 10,399,589. This comprised $2M salary and the balance as bonus.[7]

References

  1. ^ a b Russell, Christopher (20 February 2013). "BHP CEO Marius Kloppers steps down". Herald Sun. Retrieved 20 February 2013.
  2. ^ a b "MARIUS KLOPPERS TO RETIRE, ANDREW MACKENZIE TO BECOME CEO" (PDF). BHP Billiton. 20 February 2013. Retrieved 20 February 2013.
  3. ^ Crikey - Another foreigner climbs to the top of the heap at BHP-Billiton - Another foreigner climbs to the top of the heap at BHP-Billiton
  4. ^ "BHP Billiton web site".
  5. ^ "Marius Kloppers, NE Profile". Forbes.com. Forbes. Retrieved 2009-08-09.
  6. ^ "Marius Kloppers: Executive Profile & Biography". BusinessWeek. McGraw-Hill. Retrieved 2009-08-09.
  7. ^ "BHP chief gets $12 million paycheck, up 51pc". The Sunday Times (Australia). The Sunday Times (Australia). 2009-09-15. Retrieved 2009-09-14.
Business positions
Preceded by CEO of BHP Billiton
2007–present
Succeeded by

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