Glencore head of oil Alex Beard retires amid US probes
The change in management comes as the miner and commodity trader faces two investigations into ‘corrupt practices’ and money-laundering
03 June 2019 - 11:16
London — Glencore’s long-serving head of oil, Alex Beard, who helped make the firm one of the world’s top three oil trading houses, will retire this month, the company said on Monday as it faces mounting US probes into its activities.
Beard, 52, will be replaced by the head of oil marketing, Alex Sanna, who was key in helping Glencore expand its refined products trading in recent years...
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