12th Apr 2013 07:00
Baar, Switzerland 12 April 2013
Glencore announces a non-executive director change
Glencore International plc ("Glencore") announces that with effect from the closing of its Merger with Xstrata plc, Peter Coates will take on a full time executive role in the Combined Group. Accordingly, with effect from that date, Peter Coates will cease to be a non-executive director. As announced by Santos Ltd today, Peter will also be stepping down as Chairman of Santos Ltd. Further details of Peter's role and other matters relating to the Combined Group will be provided in due course and following the closing of the Merger with Xstrata.
Ivan Glasenberg, CEO, said, "I am delighted that Peter has agreed to take on a full time role in the Combined Group. Peter has in-depth experience of the industry and will have an immensely valuable insight into Glencore Xstrata having previously worked in senior operational roles across both companies."
As regards to the timing of closing the Merger, see Glencore's announcement dated 2 April 2013.
For further information, please contact:
Paul Smith (Investors) t: +41 (0)41 709 2487 m: +41 (0)79 947 1348 | Charles Watenphul (Media) t: +41 (0) 41 709 2462 m: +41 (0) 79 904 3320 | John Burton (Company Secretary) t: +41 (0)41 709 261 m: +41 (0)79 944 5434 |
Elisa Morniroli (Invetsors) t: +41 (0) 41 709 2818 m: +41 (0) 79 833 0508 | Finsbury (Media) Guy Lamming Dorothy Burwell t: +44 (0)20 7251 3801 |
About Glencore International plc
Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.
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