marine link image

Ex-BP Boss Hayward could Stay Glencore Chair

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)

Logistics News

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russia's Ust-Luga Port Damaged by More Ukrainian Drones

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Subscribe for Maritime Logistics Professional E‑News

FAA stops traffic at Washington airports due to odor
Bloomberg News reports that Saudi pipeline bypasses Hormuz and pumps 7 million barrels per day of oil.
Swiss stocks: Factors to be on the lookout for March 30