Ex-BP Boss Hayward could Stay Glencore Chair

Posted by Eric Haun
Friday, April 4, 2014

Glencore Xstrata Plc's interim chairman, former BP Plc chief executive Tony Hayward, is in the running to take the job permanently, the Wall Street Journal reported on Friday, citing people familiar with the situation.

Hayward is on a shortlist with Roger Agnelli, the former chief executive of Brazil's Vale SA, and Frank Chapman, former head of oil and gas producer BG Group Plc , according to the Journal, which said it is not clear whether the shortlist is final, or who is the front runner.

Hayward, who resigned from the top job at BP in the wake of the 2010 Gulf of Mexico oil spill, became interim chairman of the newly merged commodities group in May 2013.

Glencore said then he had been appointed "with the intention that he will step down once a new chairman takes up the role."

Glencore declined to comment on Friday.

(Reporting by Allison Martell in Toronto; Additional reporting by Silvia Antonioli in London; Editing by Nick Zieminski)

Categories: Energy Offshore Offshore Energy People & Company News People

Related Stories

Maersk Reopens Cargo Acceptance to Port of Haifa

US Allows Ethane to be Shipped to China, But Not Unloaded

TOTE Promotes Hofeling, Crawford

Current News

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

Maersk Reopens Cargo Acceptance to Port of Haifa

Panama Canal Celebrates Nine Years Since Expansion

Subscribe for Maritime Logistics Professional E‑News