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

Baltic Index Rises Alongside All Vessel Segments

Baltic Index Rises Alongside All Vessel Segments

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Awake.Al, Tidalis Collaborate for Maritime Emissions Reporting

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

Konecranes to Supply Two Cranes for Norwegian Oil Industry Facility

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow

Subscribe for Maritime Logistics Professional E‑News

Air NZ warns it will suffer its biggest loss in four years due to Middle East conflict driving up fuel prices
Carney will visit Calgary this Friday to announce a deal on industrial carbon pricing, sources claim
Brazil's Amaggi acquires 40% stake in corn ethanol producer FS