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Succession planning

This Month

New BHP chairman Ross McEwan.

McEwan braces for BHP exits as Brandon Craig takes helm

The chairman says losing high-calibre executives is a downside of strong succession planning following the appointment of the 53-year-old engineer.

BHP’s new chief executive Brandon Craig, chairman Ross McEwan and departing chief executive Mike Henry announcing the transition to new leadership on Wednesday.

Inside the secret Sydney retreat where BHP picked its next CEO

A dozen or so BHP directors and candidates gathered at a discreet location to select the mining giant’s next leader. A 53-year-old engineer prevailed.

Woodside’s newly appointed chief executive Liz Westcott in Sydney last month.

Woodside opts for safe hands as Westcott anointed as CEO

The former ExxonMobil senior executive has a top-notch operational track record but will need to prove her commercial nous, investors say.

“I’m still a very big believer in the diversified model,” says Brandon Craig, BHP’s incoming chief executive.

BHP’s next CEO bets on Americas and keeping the company whole

BHP veteran Brandon Craig will succeed Mike Henry as the global miner’s chief executive in July, having been running its American minerals division.

Brandon Craig has huge shoes to fill at BHP.

BHP’s new CEO will shift the Big Australian’s centre of gravity

Brandon Craig is a miner’s miner and an ideal candidate to bridge the gap to the company’s copper-tinged future. But he faces a steep learning curve.

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February

Succession takes centre court at the Australian Open men’s final

Novak Djokovic and Carlos Alcaraz’s battle took second place to networking among many of Rod Laver Arena’s patrons on Sunday night.

January

John Ternus at an Apple event in 2022. As the company’s head of hardware engineering, Ternus is known for his attention to detail and his knowledge of Apple’s vast supply network.

The man who could be Apple’s next CEO

John Ternus, a low-profile but influential executive at the tech giant, is a front-runner to succeed Tim Cook, insiders say.

December 2025

When Kerry Stokes steps down as chair, it could trigger a media power vacuum in Western Australia. It appears unlikely his son Ryan wants to fill that void.

End of an era as ‘Godfather of Perth’ bows out

Kerry Stokes’ influence in Western Australia’s capital is well documented. But early next year, as he departs as chair of Seven West Media, will his power wane?

November 2025

Vandita Pant (left) and Geraldine Slattery are in the running to take over from BHP CEO Mike Henry when he steps down.

The six BHP leaders who could drastically change the company

The next chief executive faces a big decision over how to maximise the company’s copper division. Some believe a break-up should be on the cards.

Money can buy you happiness, but it can also ruin your life.

Getting richer usually makes you happier – until you hit 2 risk points

For millennia, storytellers, philosophers and economists have been fascinated by whether money buys happiness. But when does wealth become a burden?

Former UBS chief executive Ralph Hamers came close to winning the top job at ANZ.

The UBS banker who almost got the job as ANZ CEO

There was another well-known European banker that had well and truly impressed the local lending giant’s board as it searched for Shayne Elliott’s successor.

Tim Cook, chief executive of Apple, inside the Steve Jobs Theatre during an event in California.

Apple intensifies succession planning for Tim Cook

The iPhone maker’s board is preparing for its longtime leader to step down as early as next year.

Most SMSF don’t need to be registered for GST, but it can pay to do it regardless.

The 5 things you must do if you have a self-managed super fund

Consider who will execute your binding death nomination, sell assets and wind up the SMSF.

October 2025

Mike Henry and the CFO who is an outside chance to succeed him, Vindita Pant.

The underdog in BHP’s game of succession

BHP’s lavish 140th birthday tour is a chance to consider what’s ahead for the mining giant.

(L-R) Maria Asunción Aramburuzabala, Gina Rinehart, and Zhong Huijuan.

Women wielding $562b lead ‘sideways’ succession boom

Generational change is reshaping the list of the world’s 500 richest people, and as more women take control of these huge empires they are reshaping global business.

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Rupert Murdoch

Rise of the permanent power class: Why 94 is 54 for moguls

Medical advances are helping create a generation of near-immortal businesspeople with unprecedented career longevity.

September 2025

Engineers Ashley Linkewich and Joe Gaebel at their newly acquired company K&F Fabrications.

Forget property, we bought a ‘boring’ business to get wealthy

Retiring Baby Boomers are selling businesses they’ve spent decades building. Couples like Ashley Linkewich and Joe Gaebel are seizing the opportunity.

 Robin Allardice 

4 ways to protect bank of mum and dad gifts from a messy break-up

There are legal strategies parents helping their children into the property market can use to prevent the money from being lost in a relationship breakdown.

The Murdoch siblings

7 lessons wealthy families can learn from the Murdochs

The fight for control of the family’s trust and fortune illustrates how not to do intergenerational wealth transfer.

Lachlan Murdoch pictured in September 2024.

Siblings’ exit should make Fox strategy ‘clear’, says Lachlan Murdoch

In his first public comments since emerging as heir to the family’s media empire, the eldest son said investors could be confident in the company’s direction.