Board changes
posted:
16/05/2013
Board Changes
16 May 2013
The Board of Glencore Xstrata plc notes the results of the Company’s AGM votes today in relation to its directors. Accordingly, its nominations committee is meeting today with a view to seek candidates for its Board in addition to continuing a search process for a new Chairman. As previously indicated, the Board will consult with its major external shareholders appropriately as part of this exercise. Given that Sir John Bond is no longer a director, the board has appointed Tony Hayward as interim chairman with immediate effect with the intention that he will step down once a new chairman takes up the role.