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Glencore completes changing of the guard The changes are part of a wider shake-up for the Swiss-based commodities company. Keystone / Urs Flueeler Glencore’s top coal trader is to depart, completing a change of the old guard at the top of world’s most powerful commodity trader. This content was published on March 16, 2021 - 09:01 March 16, 2021 - 09:01 Neil Hume, The Financial Times Tor Peterson will leave the Swiss-based company later this year along with two of the candidates who lost out in the race to succeed Ivan Glasenberg as chief executive: Kenny Ives, the head of nickel trading, ...

AFP Tor Peterson, Kenny Ives and Nico Paraskevas will all leave in the coming months, according to an internal memo. Ives and Paraskevas had been viewed as potential candidates for the CEO job but lost out in the race to succeed Ivan Glasenberg.  The changes do little to address a lack of diversity in Glencore’s senior ranks: all the new department heads named in the memo are men. Glencore 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.

Miner and commodity trader Glencore is combining its copper and zinc marketing operations, which will be run jointly by Jyothish George and Nick Popovic, a source with direct knowledge of the matter said. George will focus on zinc and copper metals and Popovic on zinc and...