Swiss commodities trader Glencore Xstrata plc (GLEN.L, GLNCY.PK, GLCNF.PK), Wednesday announced the appointment of Peter Coates as an Executive Director, and John Mack and Peter Grauer as the non-executive directors, with effect immediately.
Coates was the company's Non-Executive Director during the company's IPO to completion of the Xstrata merger. Prior to that, he was the Chief Executive of Xstrata's coal business.
Mack is a senior advisor to Morgan Stanley and its former Chief Executive Officer and Chairman, and prvioously served as Co-Chief Executive Officer of Credit Suisse.
Grauer is the Executive Chairman and former Chief Executive Officer of Bloomberg Inc., and prior to that he served as Managing Director of Donaldson, Lufkin & Jenrette and CSFB Private Equity.
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