Ivan Glasenberg’s current troubles at the mining and commodity trader contrast with how smoothly he climbed the ladder before flotation
If shareholders ever complain about the pain they have endured holding Glencore shares since the group’s 2011 flotation, chief executive Ivan Glasenberg has a reply to shut them up: he has suffered far more.
The 58-year-old South African has lost about £4.4bn on the value of his stake since floating the business, with his current holding worth about £1.5bn.
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Source: The Guardian Circular Economy RSS