
Mining and commodities giant Glencore Xstrata announced Thursday that it had made former BP chief Tony Hayward's interim stint as company chairman permanent. "The board is very pleased to announce the appointment of Tony as permanent chairman, following an extensive search process," Peter Grauer, head of the Swiss company's nomination committee, said in a statement. Hayward, who quit as head of energy giant BP in the wake of the April, 2010 Deepwater Horizon oil rig spill in the Gulf of Mexico, has been serving as interim chairman since Glencore and Xstrata's mega merger a year ago. "Over the last twelve months, Tony has provided exemplary leadership of the board and proved himself to be the outstanding candidate to take on the role permanently," Thursday's statement said, adding that Hayward would take on the role "with immediate effect." Hayward was vilified in the United States after trying to downplay the environmental impact of the BP-leased Deepwater Horizon rig explosion, which killed 11 workers and caused millions of barrels of oil to spew into the sea. He joined commodities trader Glencore International's board a year after the spill, before the company, which has since merged, went public.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor