Glencore Shakes Up Management With Three Top Traders to Exit
- Peterson, Ives and Paraskevas will leave ‘in coming months’
- Changing of the guard as Nagle succeeds Glasenberg as CEO
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Glencore Plc is shaking up its top management, with three of its most senior traders set to depart -- the latest step in a wider changing of the guard at the world’s largest commodity trader.
Tor Peterson, the head of coal trading, Kenny Ives, head of nickel trading, and Nico Paraskevas, head of copper trading, will all leave “in the coming months,” according to an internal memo from Chief Executive Officer Ivan Glasenberg.