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Key management personnel
12 Months Ended
Jun. 30, 2019
Text block [abstract]  
Key management personnel

22    Key management personnel

Key management personnel compensation comprises:

 

     2019      2018      2017  
     US$      US$      US$  

Short-term employee benefits

     11,557,506        13,190,838        16,439,948  

Post-employment benefits

     1,490,716        1,506,108        1,895,828  

Share-based payments

     15,821,972        13,356,657        13,747,355  
  

 

 

    

 

 

    

 

 

 

Total

     28,870,194        28,053,603        32,083,131  
  

 

 

    

 

 

    

 

 

 

Following the dissolution of the Operations Management Committee (OMC) in FY2018, the Remuneration Committee re-examined the classification of Key Management Personnel (KMP) for FY2018 and determined that the roles which have the authority and responsibility for planning, directing and controlling the activities of BHP are Non-executive Directors, the CEO, the Chief Financial Officer, the President Operations, Minerals Australia, the President Operations, Minerals Americas, and the President Operations, Petroleum. The Remuneration Committee also determined that, effective 1 July 2017 the Chief External Affairs Officer and Chief People Officer roles are no longer considered KMP.

Transactions and outstanding loans/amounts with key management personnel

There were no purchases by key management personnel from the Group during the financial year (2018: US$ nil; 2017: US$ nil).

There were no amounts payable by key management personnel at 30 June 2019 (2018: US$ nil; 2017: US$ nil).

There were no loans receivable from or payable to key management personnel at 30 June 2019 (2018: US$ nil; 2017: US$ nil).

Transactions with personally related entities

A number of Directors of the Group hold or have held positions in other companies (personally related entities) where it is considered they control or significantly influence the financial or operating policies of those entities. There were no reportable transactions with those entities and no amounts were owed by the Group to personally related entities at 30 June 2019 (2018: US$ nil; 2017: US$ nil).

For more information on remuneration and transactions with key management personnel, refer to section 3.