Kalidas Madhavpeddi to Replace Tony Hayward as Glencore Chairman
July 05 2021 - 2:40AM
Dow Jones News
By Jaime Llinares Taboada
Glencore PLC said Monday that Tony Hayward will retire as
chairman of the company, and has appointed Kalidas Madhavpeddi to
replace him with effect from July 30.
The commodities producer and marketer said the retirement of Mr.
Hayward was agreed following consultation with the company's
largest shareholders. Mr. Hayward has been chairman of Glencore
since 2013.
Mr. Madhavpeddi has more than 40 years of experience in the
international mining industry, including as chief executive of
China Molybdenum International from 2008 to 2018, Glencore said. He
joined the board of Glencore in February 2020.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
July 05, 2021 02:26 ET (06:26 GMT)
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