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Glencore Xstrata to Appoint Andrew Caplan as Head Of Aluminum Unit -Source

Commodities titan Glencore Xstrata PLC (GLNCY, GLEN.LN) is set to appoint Andrew Caplan as the new head of it aluminum division following the departure of veteran Gary Fegel, a person familiar with the matter said.Mr. Caplan is a relative newcomer to the company, having joined Glencore in 2007 from Trafigura as an alumina trader. He is currently the head of Glencore's bauxite and alumina operations and serves as a director of Century Aluminum Co. (CENX), a company that is part-owned by Glencore.The news was first reported by Metal Bulletin and Reuters.Mr. Caplan is replacing Gary Fegel, a Glencore veteran and the ninth largest Glencore Xstrata shareholder, who is due to step down this summer, said the person, who wished not to be named. Mr. Fegel, 39 years old, is leaving the company after joining in 2001. He became a paper billionaire when Glencore International PLC first listed its shares in 2011 and is now leaving the company as part of the company's natural succession process in wh...

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  1. Glencore Xstrata Names Tony Hayward Interim Chairman

    Mining and commodities trading giant Glencore Xstrata PLC (GLEN.LN), said Thursday that following shareholders vote against the re-election of former chairman John B...

  2. Glencore shareholders vote out Xstrata directors

    Glencore Xstrata shareholders have voted to oust all former Xstrata directors from the board of the combined company, with almost 81 percent voting to immediately re...

  3. Glencore Xstrata Appoints Former BP CEO As Interim Chairman

    Glencore Xstrata PLC (GLEN.LN) has appointed the former BP PLC (BP) chief executive Tony Hayward as its interim chairman after shareholders voted against the electio...

  4. Glencore Appoints Hayward Interim Chairman: WSJ

    Glencore Xstrata PLC named Tony Hayward, former chief executive of BP PLC interim chairman, according to The Wall Street Journal. The appointment came as shareholder...

  5. Glencore Xstrata to appoint Hayward as interim chairman: source

    Glencore Xstrata is set to appoint former BP boss Tony Hayward as interim chairman, after John Bond failed to be reelected to the top job at the company's inaugural ...

  6. Former BP CEO Hayward to Become Interim Chairman of Glencore Xstrata -FT

    The former chief executive of BP PLC (BP), Tony Hayward, is to become the interim chairman of commodities trader Glencore Xstrata PLC (GLEN.LN), the Financial Times ...

  7. Glencore Xstrata says considering a Swiss share listing

    ZUG, Switzerland (Reuters) - Miner and trader Glencore Xstrata said on Thursday it was considering listing on the Swiss stock exchange, in addition to its existing l...

  8. Glencore Xstrata Chairman Ousted in Surprise Coup

    LONDON/ZUG, Switzerland, May 16 (Reuters) - Glencore Xstrata Chairman John Bond surprised investors on Thursday by announcing he had been voted out of the top job at...

  9. Glencore Xstrata chairman Bond says will not be reelected

    Glencore Xstrata chairman John Bond told investors he would not be reelected at the miner and trader's first annual general meeting on Thursday.Bond handed responsib...

  10. Glencore Xstrata : Steve Robson Has Resigned With Immediate Effect

    Glencore Xstrata PLC (GLEN.LN), the producer and marketer of commodities, Thursday announced that Sir Steve Robson has resigned with immediate effect.MAIN FACTS:-Acc...

  11. Colombia's Coal Output Drops 21% in First Quarter From Year Ago

    Colombia, one of the top coal exporters in the world, suffered a drop in coal production in the first three months of the year as a result of a labor strike and envi...

  12. Peru's Mining Investments Rise 23% in First Quarter

    Mining investments in Peru increased 23% in the first quarter compared to the same period last year as companies advance projects that are expected to boost the coun...

  1. Glencore says Iran metals swap deals did not violate sanctions

    Swiss-based commodities giant Glencore Xstrata said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U....

  2. Glencore Xstrata Announces Inaugural $5 Billion Five-Tranche Bond Issue

    Mining and commodities-trading giant Glencore Xstrata PLC (GLEN.LN), Thursday enounced the launch and pricing of a dollar denominated issue of notes in a $5 billion ...

  3. Exclusive: Glencore , Trafigura deals with Iran may have skirted sanctions - U.N

    Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against ...

  4. Glencore Xstrata Head of Aluminum Gary Fegel Plans to Leave Company -Reuters

    Glencore Xstrata PLC's (GLEN.LN) head of aluminum, Gary Fegel, plans to leave the company, Reuters reported Tuesday, citing three sources.The specific timing of his ...

  5. Exclusive: Glencore's top aluminum exec to leave, first exit since takeover-sources

    Glencore Xstrata's head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glen...

  6. Bankers see M&A recovery after deals drop 7 percent so far in 2013

    A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks a...

  7. Glencore Xstrata Shareholders Vote Against Chairman's Appointment

    Mining company Glencore Xstrata PLC (GLEN.LN) said Thursday that shareholders voted against the appointment of John Bond as chairman by 80.85% of votes at the AGM.MA...

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