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

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

Subscribe for Maritime Logistics Professional E‑News

The Greek-operated oil tanker is one of the few vessels that have crossed the Strait of Hormuz
Andy Home: The ROI-Sulfur squeeze puts more pressure on the Indonesian nickel industry
Finland declares that the threat of a drone attack on Helsinki airport has ended.