Glencore plc announces the appointment of David Wormsley as an Independent Non-Executive Director of the Company with immediate effect.
David had a 35 years career at Citigroup (originally Schroders) culminating in his appointment as chairman of UK banking and broking. He retired earlier this year. During his career, David led a variety of large international transactions ranging across IPOs, debt financings, equity fundraisings and large scale M&A.
He is currently a non-executive director of Stanhope plc.
Kalidas Madhavpeddi, Chairman, stated:
'The Directors are very pleased to welcome David Wormsley to our Board. He brings extensive knowledge of the corporate and banking sectors, both in the London market and internationally. We look forward to his contribution to our Board.'
There are no matters requiring disclosure under Rule 9.6.13 of the Listing Rules of the UK Listing Authority.
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Glencore LEI: 2138002658CPO9NBH955
Notes for Editors
Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 responsibly-sourced commodities that advance everyday life. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing offices. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 135,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. Our ambition is to be a net zero total emissions company by 2050.
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, 'Glencore', 'Glencore group' and 'Group' are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words 'we', 'us' and 'our' are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.