BlueScope Chairman, Graham Kraehe will retire in November and be replaced by John Bevan, currently a non-executive director of the Company.
Kraehe was appointed BlueScope’s inaugural Chairman after the Company demerged from BHP Billiton in 2002.
Announcing his intention to retire, Kraehe said he was proud to see the company well positioned, with more than 16,000 employees working in 17 countries around the world.
“It has been a great privilege to work with the global BlueScope team. While it has been a tough ride in recent years, I have nothing but admiration for the dedication to safety and quality that all BlueScope people share. We have built a world class platform of assets with leading edge technology and brands,” he said in a statement.
As well as his Chairmanship of BlueScope, Kraehe is a Director of Djerriwarrh Investments. He was previously Chairman of Brambles, Chairman of National Australia Bank, and a Director of News Corporation and the Reserve Bank of Australia.
In December, 2013 he was appointed to the Australian Prime Minister's Business Advisory Council. In 2003 he was made an Officer of the Order of Australia for services to industry and the environment.
Bevan was CEO of Alumina Limited from 2008 to 2014. Before joining Alumina Limited he spent 29 years in a variety of senior management roles with BOC Group, including as a director on The BOC Group plc Board, Chief Executive Process Gas Solutions with responsibility for the bulk and tonnage business for the entire BOC group, Chief Executive Asia and country lead roles in the United Kingdom, Thailand and Korea.
Bevan is also a non-executive director of Ansell Limited and will join the Board of Nuplex Industries Limited in September.