8th May 2014 08:02
LONDON (Alliance News) - Glencore Xstrata PLC said Thursday it has appointed Tony Hayward as permanent Chairman of the company with immediate effect.
Hayward was appointed to the board in April 2011, prior to Glencore's IPO. He served from the IPO as the Senior Independent Director until May 2013 when he was appointed interim Chairman.
Hawyard has served as Chief Executive of Genel Energy since June 2011. Before this he was Chief Executive of BP PLC in the wake of the Gulf of Mexico oil spill in April 2010.
Shares in Glencore Xstrata were trading 0.65% higher at 325.5 pence per share Thursday morning,
By Alice Attwood; [email protected]; @AliceAtAlliance
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