LONDON – BHP Billiton chairperson Jac Nasser will not seek re-election at next year's annual general meeting (AGM), he announced on Thursday.
Nasser said he had intended to announce his retirement last year but agreed to stay on at the mining company to provide stability as BHP Billiton responded to the Samarco dam disaster in Brazil.
Now that the "basic structure of the Samarco response is in place", he will not seek re-election, Nasser said in a speech at this year's AGM in London.
Nasser did not name his successor but said he would continue to lead the board in the interim.
Edited by: Reuters
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