Marius Kloppers
Encyclopedia
Dr Marius Kloppers is CEO of BHP Billiton
, the world's largest mining
company. He is presently the group president of BHP's non ferrous metals division.
, an IEB school in Johannesburg. Kloppers graduated with a Bachelor of Chemical Engineering from the University of Pretoria
and subsequently went on to receive a PhD at Massachusetts Institute of Technology
. He also graduated with an MBA from INSEAD
.
and materials research with Mintek
in South Africa. Following completion of his MBA at INSEAD, he then worked with management consultants McKinsey & Co
in Netherlands before joining Billiton in 1993. In 2007, at the age of 44, he was appointed CEO of the largest resource company in the world, BHP Billiton. He officially assumed the position of CEO on 1 October 2007. His total annual compensation for this role is $3,482,948, this consists of a $1,677,070 salary and $1,805,878 bonus. By 2009 his annual compensation had increased to $US 10,399,589. This comprised $2M salary and the balance as bonus.
BHP Billiton
BHP Billiton is a global mining, oil and gas company headquartered in Melbourne, Australia and with a major management office in London, United Kingdom...
, the world's largest mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
company. He is presently the group president of BHP's non ferrous metals division.
Education
Kloppers graduated from Helpmekaar KollegeHelpmekaar Kollege
Helpmekaar Kollege is a private high school in Braamfontein, Johannesburg, Gauteng, South Africa.- History :Helpmekaar was the first Afrikaans school in Johannesburg. The school was started by a group of Afrikaners who wanted their children to have an alternative to English schools. The school was...
, an IEB school in Johannesburg. Kloppers graduated with a Bachelor of Chemical Engineering from the University of Pretoria
University of Pretoria
The University of Pretoria is a multi campus public research university located in Pretoria, the administrative and de facto capital of South Africa...
and subsequently went on to receive a PhD at Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...
. He also graduated with an MBA from INSEAD
INSEAD
INSEAD is an international graduate business school and research institution. It has campuses in Europe , Asia , and the Middle East , as well as a research center in Israel...
.
Career
Kloppers worked in petrochemicals at SasolSasol
Sasol Ltd. is a South African company involved in mining, energy, chemicals and synfuels. In particular, they produce petrol and diesel profitably from coal and natural gas using Fischer-Tropsch process...
and materials research with Mintek
Mintek
Mintek is an autonomous research and development organisation specialising in all aspects of mineral processing, extractive metallurgy and related technology....
in South Africa. Following completion of his MBA at INSEAD, he then worked with management consultants McKinsey & Co
McKinsey & Company
McKinsey & Company, Inc. is a global management consulting firm that focuses on solving issues of concern to senior management. McKinsey serves as an adviser to many businesses, governments, and institutions...
in Netherlands before joining Billiton in 1993. In 2007, at the age of 44, he was appointed CEO of the largest resource company in the world, BHP Billiton. He officially assumed the position of CEO on 1 October 2007. His total annual compensation for this role is $3,482,948, this consists of a $1,677,070 salary and $1,805,878 bonus. By 2009 his annual compensation had increased to $US 10,399,589. This comprised $2M salary and the balance as bonus.