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

Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports

Mawani Signs Privatization Contracts for Multipurpose Cargo Terminals at Eight Saudi Ports

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

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

Maersk Files Lawsuit Over Brazil Port Bid

Maersk Files Lawsuit Over Brazil Port Bid

BIMCO: Stable Demand Outlook For Container Shipping

BIMCO: Stable Demand Outlook For Container Shipping

Subscribe for Maritime Logistics Professional E‑News

US Senate Committee confirms Trump's nominee for FAA head
India is working to reconstruct the events of the Air India crash
China signs first Argentine soybean deal despite US trade war threats