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Glencore makes changes to its top management

Commodity trader Glencore prepares for major changes at the top of the organization after the company's board chair has announced that he will step down at next year's general assembly.

Chairman Tony Hayward | Photo: Toby Melville/Reuters/Ritzau Scanpix

Swiss-British commodity trader Glencore will soon operate under an entirely new management, as board chair Tony Hayward will step down from his position at next year's general assembly, the group informs Thursday.

Glencore has already started looking for a replacement for Hayward.

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