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Glencore PLC (GLEN.L)

GLEN.L on London Stock Exchange

180.98GBp
5 Jun 2020
Change (% chg)

11.82 (+6.99%)
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169.16
Open
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Volume
51,620,727
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282.80
52-wk Low
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Summary

Name Age Since Current Position

Anthony Hayward

62 2019 Non-Executive Chairman of the Board

Ivan Glasenberg

63 2018 Chief Executive Officer, Executive Director

Steven Kalmin

50 2005 Chief Financial Officer

John Burton

55 2011 Company Secretary

Peter Coates

74 2014 Non-Executive Director

Leonhard Fischer

56 2011 Independent Non-Executive Director

Martin Gilbert

65 2018 Senior Non-Executive Independent Director

John Mack

74 2013 Independent Non-Executive Director

Kalidas Madhavpeddi

64 2020 Non-Executive Independent Director

Gill Marcus

71 2018 Independent Non-Executive Director

Patrice Merrin

71 2014 Independent Non-Executive Director

Biographies

Name Description

Anthony Hayward

Dr. Anthony B. Hayward Ph.D. serves as Non-Executive Chairman of the Board of the Company. Dr. Hayward is managing partner of St James’s Asset Management, a partner and member of the European advisory Board of AEA Capital and has other private equity interests. He was CEO of BP plc from 2007–10, having joined BP in 1982. He became group treasurer in 2000, chief executive for BP upstream activities and a member of the main board of BP in 2003. From 2011–15 he was CEO of Genel Energy plc and chairman from 2015–17.

Ivan Glasenberg

Mr. Ivan Glasenberg is Chief Executive Officer, Executive Director of Glencore Plc. He Initially worked in Glencore’s coal department in South Africa as a marketer. Following time in Australian and Asian offices, in 1990 he was made head of Glencore’s coal marketing and industrial businesses, and remained in this role until he became Group CEO in January 2002.

Steven Kalmin

Mr. Steven Kalmin is Chief Financial Officer of the Company. Mr. Kalmin joined Glencore in September 1999 as general manager of finance and treasury functions at Glencore’s coal industrial unit. He moved to Glencore’s head office in 2003 to oversee Glencore’s accounting functions, becoming CFO in June 2005. In November 2017 he was appointed as a director of Katanga Mining Limited (TSX: KAT). Mr Kalmin holds a Bachelor of Business (with distinction) from the University of Technology, Sydney and is a member of Chartered Accountants Australia and New Zealand and the Financial Services Institute of Australasia.

John Burton

Mr. John Burton is a Company Secretary of Glencore Plc. From 2006 to 2011, Mr. Burton was company secretary and general counsel of Informa plc, where heestablished the group legal function and a new company secretarial team. Before that he had been a partner of CMS in London for 8 years, advising on a broad range of corporate and securities laws matters.

Peter Coates

Mr. Peter Roland Coates is a Non-Executive Director of the Company. Mr Coates worked in senior positions in a range of resource companies before joining Glencore’s coal unit as a senior executive in 1994. When Glencore sold its Australian and South African coal assets to Xstrata in 2002 he became CEO of Xstrata’s coal business, stepping down in December 2007. He was non-executive chairman of Xstrata Australia (2008–09), Minara Resources Ltd (2008–11) and Santos Ltd (2009–13 and 2015–18). He is currently a non-executive director of Event Hospitality and Entertainment Ltd (ASX:EVT).

Leonhard Fischer

Mr. Leonhard H. Fischer is Independent Non-Executive Director of Glencore Plc. Mr. Fischer is founder and chairman of the investment committee of DFG Deutsche Fondsgesellschaft SE Invest. He was CEO of BHF Kleinwort Benson group S.A. from 2009–16, before that CEO of Winterthur group from 2003–06, and a member of the executive board of Credit Suisse group from 2004–07. He joined Credit Suisse from Allianz, where he had been a member of the management board.

Martin Gilbert

Mr. Martin James Gilbert is Senior Non-Executive Independent Director of the Company. Mr Gilbert is vice chairman of Standard Life Aberdeen plc (LON:SLA) and chairman of Revolut Limited. Mr. Gilbert was formerly co-CEO of Standard Life Aberdeen and co-founder of Aberdeen Asset Management, which was established in 1983. Mr Gilbert is a member of the international advisory panel of the Monetary Authority of Singapore and the international advisory board of British American Business.

John Mack

Mr. John J. Mack is an Independent Non-Executive Director of Glencore Plc. Mr. Mack is a non-executive director of New Fortress Energy (NASDAQ:NFE) and also serves on the board of Tri Alpha. He also serves on the board of Trustees of New York-Presbyterian Hospital and the University Hospitals of both Columbia and Cornell. Mr Mack previously served as CEO of Morgan Stanley from 2005–09. He retired as chairman in 2011. Mr Mack first joined Morgan Stanley in May 1972, becoming a board director in 1987 and president in 1993. From 2001 to 2005, Mr. Mack served as co-CEO of Credit Suisse.

Kalidas Madhavpeddi

Mr. Kalidas V. Madhavpeddi serves as Non-Executive Independent Director of the Company. Mr. Madhavpeddi has over 30 years of experience in the international mining industry, including being CEO of China Molybdenum International (China Moly) from 2008 to 2018. He started his career at Phelps Dodge, where he worked from 1980 to 2006, ultimately becoming senior vice president responsible for the company’s global business development, acquisitions and divestments, as well as its global exploration programs. Mr. Madhavpeddi is currently a director of Novagold Resources (TSX: NG) and Trilogy Metals (TSX:TMQ). He was formerly director and chair of the governance committee of Capstone Mining (TSX:CS). He has degrees from the Indian Institute of Technology, Madras, India and the University of Iowa and has completed the Advanced Management Program at Harvard Business School.

Gill Marcus

Ms. Gill Marcus is Independent Non-Executive Director of the Company. Ms. Marcus was Governor of the South African Reserve Bank from 2009–14. She worked in exile for the African National Congress from 1970 before returning to South Africa in 1990. In 1994 she was elected to the South African Parliament. In 1996 she was appointed as the deputy minister of finance and from 1999 to 2004 was deputy governor of the Reserve Bank. Ms. Marcus was the nonexecutive chair of the Absa Group from 2007–09 and has been a non-executive director of Gold Fields Ltd and Bidvest. She has acted as chair of a number of South African regulatory bodies. In 2018, she was appointed to the Judicial Commission of Inquiry into allegations of impropriety at the Public Investment Corporation.

Patrice Merrin

Ms. Patrice E. Merrin is Independent Non-Executive Director of the Company. Following initial roles with Molson and Canadian Pacific, Ms Merrin worked at Sherritt for ten years until 2004, latterly as COO. She then became CEO of Luscar, Canada’s largest thermal coal producer. She is currently a non-executive director of Samuel, Son & Co. Limited. She has been a non-executive chair of Detour Gold Corporation (TSX:DGC) from June 2019 to January 2020, chairman of CML Healthcare, of Enssolutions, NB Power, and Arconic. Ms Merrin was a nonexecutive director of Kew Media Group Inc. (TSX:KEW), and a director of the Alberta Climate Change and Emissions Management Corporation from 2009 to 2014.

Basic Compensation

Name Fiscal Year Total

Anthony Hayward

1,150,000

Ivan Glasenberg

1,503,000

Steven Kalmin

242,000

John Burton

--

Peter Coates

310,000

Leonhard Fischer

280,000

Martin Gilbert

300,000

John Mack

200,000

Kalidas Madhavpeddi

--

Gill Marcus

240,000

Patrice Merrin

265,000
As Of  31 Dec 2019