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BHP Billiton: Jacques Nasser new chairman

Staff writer |
Melbourne, Australia - August 4, 2009, Melbourne, Australia - BHP Billiton announced that Jacques Nasser will succeed Don Argus as chairman when Mr. Argus retires as chairman and a non-executive director in early 2010.

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Mr. Nasser joined the BHP Billiton Board as a Non-executive Director in 2006 and is a member of the Board's Risk and Audit Committee.

Mr. Nasser received a business degree from the Royal Melbourne Institute of Technology, Melbourne. He joined Ford in 1968 as a financial analyst in its Australian unit, in 1973 he joined the company's financial staff, transferring to Ford's North American Truck Operations.

He returned to Australia to serves as a manager of profit analysis and product programming, and in 1987 he became vice president of Finance and Administration for Autolatina, a joint venture between Ford and Volkswagen in Brazil and Argentina.

Mr. Nasser was promoted to the chairman of the board of Ford Europe, to vice president of Ford Motor Company in 1993, group vice president of product development in 1994, he headed Ford Automotive Operations, and in Europe he served in 1999 as the executive vice president of Ford Automotive Operations.

On 1 January 1999 Mr. Nasser became CEO of Ford Motor Company in Dearborn, Michigan, the position he held until his retirement in October 2001. Mr. Nasser serves as nonexecutive chairman of Polaroid Corporation, he is a senior partner at One Equity Partners, Bank One Corporation, and international adviser of Allianz.

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