LONDON Tony Hayward,
former chief executive officer of oil company BP Plc, has
stepped in as interim chairman of Glencore Xstrata Plc
following the departure of Sir John Bond.
Hayward, who left London-based
BP in the wake of the Deepwater Horizon oil spill, was already
a senior independent nonexecutive director on the Baar,
Switzerland-based companys board.
Bond, who reportedly no longer
had the support of shareholders, announced his departure during
Glencore Xstratas annual general meeting May 16. He had
been chairman of Xstrata Plc since 2011.
A version of this article
was first published in AMM sister publication Metal