Finally, the details around Ivan Glasenberg’s exit and his replacement have been announced. However, he again brought to the fore Glencore’s adaptability to rapidly-evolving global environmental dynamics, and plans to re-instate shareholder rewards – starting 2021.
While the reward bit is contingent on the fulfilment of deleveraging targets, it seems that the worst is behind and Glencore is now focused on capitalising dominance in clean energy-driven metals. Hence, the stock remains our preferr ....
07 Dec 2020
CEO departs with bigger ‘green’ focus and dividend re-instatement plans
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CEO departs with bigger ‘green’ focus and dividend re-instatement plans
Glencore plc (GLEN:LON) | 472 0 0.0% | Mkt Cap: 57,593m
- Published:
07 Dec 2020 -
Author:
Varun Sikka -
Pages:
4
Finally, the details around Ivan Glasenberg’s exit and his replacement have been announced. However, he again brought to the fore Glencore’s adaptability to rapidly-evolving global environmental dynamics, and plans to re-instate shareholder rewards – starting 2021.
While the reward bit is contingent on the fulfilment of deleveraging targets, it seems that the worst is behind and Glencore is now focused on capitalising dominance in clean energy-driven metals. Hence, the stock remains our preferr ....