Glencore appoints risk chief Jones as U.S. oil trading head
Jones is a Glencore stalwart having first joined the company in 1990, rising to head of oil derivatives marketing in 2007 before becoming the firm’s chief risk officer prior to its London listing almost three years ago.
Several senior Glencore executives became billionaires with the firm’s 2011 IPO, including Chief Executive Ivan Glasenberg who still owns 8.3 percent of the company and global head of oil trading Alex Beard who owns over 2 percent.
Read more at: http://in.reuters.com/article/2014/04/08/us-glencore-xstrata-kelleher-idINBREA371JJ20140408
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