BHP appoints Brandon Craig as CEO, replacing Mike Henry

BHP has appointed long-time executive Brandon Craig as its next chief executive officer, marking a leadership transition at the world’s largest mining company as it sharpens its focus on future-facing commodities.

Craig, currently president of BHP’s Americas business, will take over as CEO and join the board from July 1, succeeding Mike Henry, who is stepping down after six and a half years in the role. The appointment signals continuity in strategy, with the company opting for an internal candidate deeply embedded in its operations and growth agenda.

Craig brings more than 25 years of experience at BHP, spanning operational and corporate leadership roles. In his current position, he has overseen growth initiatives across key markets in North and South America, with a particular emphasis on commodities such as copper and potash—both seen as critical to the global energy transition.

Under his leadership in the Americas, BHP strengthened its position as the world’s largest copper producer while advancing a pipeline of expansion projects. He previously led the company’s Western Australia Iron Ore division, where he improved operational performance and reinforced BHP’s position as one of the lowest-cost producers globally.

BHP chair Ross McEwen said Craig’s appointment reflects confidence in his ability to execute the company’s strategy and sustain its performance culture. He also credited Henry with transforming the business into a safer, more productive and financially stronger organisation during his tenure.

Henry’s period as CEO coincided with a strategic reshaping of BHP’s portfolio. The company consolidated its position in high-demand commodities, particularly copper, which now contributes a significant share of earnings. It also advanced long-term projects, including a major potash development, aimed at diversifying revenue streams and supporting future growth.

“I am proud of what we have achieved together,” Henry said, noting that the company is now better positioned for long-term value creation. He added that Craig is “an excellent choice” to lead the next phase.

Craig said his focus will remain on delivering sustained value for shareholders while building on BHP’s operational discipline and safety culture. He highlighted the company’s workforce and asset base as key strengths underpinning its future trajectory.

The leadership change comes at a time when global miners are recalibrating portfolios to align with demand linked to decarbonisation, electrification and infrastructure investment. Copper, in particular, has emerged as a strategic priority for the sector, given its role in renewable energy systems and electric vehicles.

BHP’s strategy centres on large, long-life, low-cost assets and disciplined capital allocation, positioning it to benefit from long-term structural demand shifts. The company has also emphasised its approach to social value and stakeholder engagement as part of its operating model.

Looking ahead, Craig’s challenge will be to sustain growth momentum while navigating commodity price volatility, geopolitical risks and rising expectations around environmental and social performance. The transition underscores BHP’s intent to maintain strategic continuity while preparing for a more complex and resource-constrained global economy.