BHP chair to step down after managing Brazil mine disaster

SYDNEY: BHP Billiton chairman Jac Nasser is to step down next year after delaying his departure from the world’s biggest miner to take charge of the fatal Brazil mine collapse.

Nasser, 68, who has headed up the Anglo-Australian firm since 2010 and been on its board for a decade, said he would not seek re-election as chairman at next year’s annual meeting. No successor was announced.