Glencore plc today announces:
Further to the announcement of 4 December 2020 regarding the CEO succession process, Ivan Glasenberg will retire on 30 June 2021. He will seek re-election to the Board at this year’s Annual General Meeting on 29 April (AGM), for a term expiring on 30 June 2021. The Board will appoint Gary Nagle as CEO and Director with effect from 1 July 2021.
Retirement of John Mack
John Mack will not seek re-election at the AGM and will retire from the Board on that date. Commenting on Mr Mack’s retirement, Dr Hayward, Chairman, stated: “I would like to thank John for his considerable contribution to the Board over almost eight years as a Director.”