BHP GROUP LIMITED SYDNEY (Reuters) - Activist shareholder Elliott Management said on Friday it supports the appointment of former packaging executive Ken MacKenzie as the next chairman of BHP (>> BHP Billiton Limited) (>> BHP Billiton Plc)
The appointment "is a constructive step in bringing much needed change to the direction of BHP," Elliott said in a statement.
MacKenzie succeeds Jac Nasser as of Sept. 1 at a time when the world's biggest miner is being challenged by investors to overhaul its structure and consider dumping all or part of its petroleum business.
(Reporting by James Regan; Editing by Richard Pullin)
Stocks treated in this article : BHP Billiton Plc, BHP Billiton Limited
