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

First Crude Oil Cargo From South Sudan Loaded by BB Energy After Legal Dispute

First Crude Oil Cargo From South Sudan Loaded by BB Energy After Legal Dispute

Hapag-Lloyd Buys ZIM Integrated Shipping in $4.2b Deal

Hapag-Lloyd Buys ZIM Integrated Shipping in $4.2b Deal

dteq Appoints Hagen Hennig as President

dteq Appoints Hagen Hennig as President

Container Shipping Consolidation Continues with $4.2B ZIM Acquisition

Container Shipping Consolidation Continues with $4.2B ZIM Acquisition

Subscribe for Maritime Logistics Professional E‑News

Russia's Taman Port damaged by Ukrainian drone attack
The world's largest annual migration is China's Lunar New Year.
After Russian oil flow via Ukraine was halted, Hungary asked Croatia for assistance