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

Spiridon II: Call for IMO Investigation

Spiridon II: Call for IMO Investigation

Singapore to Bunker Methanol Next Year

Singapore to Bunker Methanol Next Year

US Expecting China Soybean Trade Revival

US Expecting China Soybean Trade Revival

Wattlab Wins IBJ Environmental Protection Award for Solar Flatrack Technology

Wattlab Wins IBJ Environmental Protection Award for Solar Flatrack Technology

Subscribe for Maritime Logistics Professional E‑News

Consumer staples and industrial stocks drag down the FTSE 100
Mayor says that Russian air defences have destroyed eight drones on their way to Moscow
Serbia claims to have sufficient fuel reserves despite sanctions closing down a key refinery