Jac Nasser, the former chief executive of Ford, is to become chairman of BHP Billiton, taking over from Don Argus who has been chairman of the group since 2001 and will step down next year.
Mr Nasser has been on the board of BHP Billiton since 2006 as a non-executive director and is a member of the board's risk and audit committee.
He spent 33 years at Ford, where he became president and chief executive officer, and was renowned both for his abrasive style and ruthless attitude to cost-cutting, earning him the sobriquet of “Jac the Knife”.
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