Glencore appoints ex-BP boss Tony Hayward as chairman

Hayward has been serving as the interim chairman for the past year

Mining and commodities trading group Glencore Xstrata said on Thursday it has appointed as its permanent chairman Tony Hayward, the former BP chief executive who has been serving as interim chairman for the past year.

Hayward is also chief executive of London-listed oil company Genel Energy and is expected to eventually give up that role after a period of transition, a source close to the matter said.

Genel declined to comment on whether Hayward would eventually step down as its chief executive. "Tony Hayward is and continues to be CEO of Genel Energy and will continue to do both roles, as he has done successfully for the past 12 months," a company spokesman said in an emailed statement.

 

The Daily Telegraph had said on Wednesday that Hayward would leave Genel after a successor has been found and a handover period allowed to take place, while The Times said Hayward was expect to leave Genel within a year.

Hayward was the chief executive of BP from 2007 to 2010 and left in the aftermath of the Deepwater Horizon oil spill.