Glencore Management

Management criteria checks 4/4

Glencore's CEO is Gary Nagle, appointed in Jul 2021, has a tenure of 2.75 years. total yearly compensation is $5.83M, comprised of 31.8% salary and 68.2% bonuses, including company stock and options. directly owns 0.016% of the company’s shares, worth £9.37M. The average tenure of the management team and the board of directors is 5.3 years and 3.7 years respectively.

Key information

Gary Nagle

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage	31.8%
CEO tenure	2.8yrs
CEO ownership	0.02%
Management average tenure	5.3yrs
Board average tenure	3.7yrs

Recent management updates

Recent updates

Investors Shouldn't Overlook Glencore's (LON:GLEN) Impressive Returns On Capital

Oct 01

An Intrinsic Calculation For Glencore plc (LON:GLEN) Suggests It's 38% Undervalued

Jun 23

Does Glencore (LON:GLEN) Deserve A Spot On Your Watchlist?

Jun 08

We Think Glencore (LON:GLEN) Can Stay On Top Of Its Debt

May 12

The Trend Of High Returns At Glencore (LON:GLEN) Has Us Very Interested

Apr 11

Here's Why We Think Glencore (LON:GLEN) Is Well Worth Watching

Mar 02

Returns on Capital Paint A Bright Future For Glencore (LON:GLEN)

Jan 05

Estimating The Intrinsic Value Of Glencore plc (LON:GLEN)

Dec 03

Here's Why We Think Glencore (LON:GLEN) Is Well Worth Watching

Nov 17

Is Glencore (LON:GLEN) A Risky Investment?

Oct 16

Glencore (LON:GLEN) Is Achieving High Returns On Its Capital

Sep 30

Does Glencore (LON:GLEN) Deserve A Spot On Your Watchlist?

Aug 12

CEO Compensation Analysis

How has Gary Nagle's remuneration changed compared to Glencore's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$6m	US$2m	US$4b
Sep 30 2023	n/a	n/a	US$7b
Jun 30 2023	n/a	n/a	US$10b
Mar 31 2023	n/a	n/a	US$14b
Dec 31 2022	US$6m	US$2m	US$17b
Sep 30 2022	n/a	n/a	US$17b
Jun 30 2022	n/a	n/a	US$16b
Mar 31 2022	n/a	n/a	US$10b
Dec 31 2021	US$4m	US$900k	US$5b

Compensation vs Market: Gary's total compensation ($USD5.83M) is about average for companies of similar size in the UK market ($USD5.63M).

Compensation vs Earnings: Gary's compensation has been consistent with company performance over the past year.

CEO

Gary Nagle (48 yo)

2.8yrs

Tenure

US$5,833,000

Compensation

Mr. Gary Nagle serves as Chief Executive Officer and Director at Glencore Plc since July 1, 2021. He served as the Chief Executive Officer of Glencore Xstrata's Alloys Division. He had been Global Head of...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Gary Nagle	CEO & Director	2.8yrs	US$5.83m	0.016% $ 9.4m
Steven Kalmin	Chief Financial Officer	18.8yrs	US$400.89k	no data
Martin Fewings	Head of Investor Relations & Communications	no data	no data	no data
Shaun Teichner	General Counsel	4.8yrs	no data	no data
Derrick Crowley	Head of Human Resources	less than a year	no data	no data
Dawid Myburgh	Chief Geologist	no data	no data	no data
Japie Fullard	Head of Ferroalloys Assets	5.3yrs	no data	no data
Jason Kluk	Head of Ferroalloys & Nickel Marketing	6.3yrs	no data	no data
Ruan Van Schalkwyk	Head of Coal Marketing	6.3yrs	no data	no data
Alex Sanna	Head of Oil Marketing	5.3yrs	no data	no data
Jyothish George	Head of Zinc & Copper Marketing	no data	no data	no data
Robin Scheiner	Head of Alumina & Aluminium Marketing	no data	no data	no data

5.3yrs

Average Tenure

Experienced Management: GLEN's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gary Nagle	CEO & Director	2.8yrs	US$5.83m	0.016% $ 9.4m
Martin Gilbert	Independent Non-Executive Director	6.9yrs	US$278.00k	0.00041% $ 233.5k
Cynthia Blum Carroll	Independent Non-Executive Director	3.2yrs	US$268.00k	no data
Kalidas Madhavpeddi	Chairman	4.2yrs	US$1.15m	no data
David Wormsley	Independent Non-Executive Director	2.6yrs	US$221.00k	no data
Elizabeth Hewitt	Independent Non-Executive Director	1.8yrs	US$241.00k	0.000090% $ 51.3k
Peter Coates	Non-Executive Director	13yrs	US$320.00k	0.014% $ 7.8m
Gill Marcus	Senior Independent Non-Executive Director	6.3yrs	US$308.00k	no data

3.7yrs

Average Tenure

67.5yo

Average Age

Experienced Board: GLEN's board of directors are considered experienced (3.7 years average tenure).

Glencore Management

Management criteria checks 4/4

Key information

Recent management updates

Glencore plc Announces Board Changes

Glencore plc Announces Retirement of Patrice Merrin from the Board

Glencore plc, Annual General Meeting, May 26, 2023

Glencore plc Announces Board Position Changes

High number of new directors

High number of new directors

Recent updates

Estimating The Intrinsic Value Of Glencore plc (LON:GLEN)

Upcoming dividend of US$0.065 per share

Glencore plc Announces Board Changes

New minor risk - Earnings quality

These 4 Measures Indicate That Glencore (LON:GLEN) Is Using Debt Extensively

Tribeca Investment Partners Asks Glencore to Move Main Listing to Sydney

Final dividend of US$0.065 announced

Full year 2023 earnings released: EPS: US$0.34 (vs US$1.33 in FY 2022)

Returns On Capital Are A Standout For Glencore (LON:GLEN)

Glencore plc Provides Production Guidance for the Year 2024

Is Glencore plc (LON:GLEN) Trading At A 49% Discount?

Glencore plc to Report Fiscal Year 2023 Results on Feb 21, 2024

Glencore plc's (LON:GLEN) Low P/E No Reason For Excitement

Does Glencore (LON:GLEN) Have A Healthy Balance Sheet?

Glencore plc (LSE:GLEN) entered into a binding agreement to acquire 77% stake in Elk Valley Resources Ltd. from Teck Resources Limited (TSX:TECK.B) for $6.93 billion.

Glencore plc Revises Production Guidance for the Full Year 2023

JFE Steel Reportedly Eyes Stake in Teck Resources' Coal Business

Is Glencore plc (LON:GLEN) Trading At A 34% Discount?

Investors Shouldn't Overlook Glencore's (LON:GLEN) Impressive Returns On Capital

Glencore plc Declares Additional Distribution for the Second Half of Financial Year Ended 31 December 2022, Payable on 22 September 2023

Upcoming dividend of US$0.30 per share at 8.0% yield

JSW Steel Reportedly May Pick Majority Stake in Teck Coal Unit

New minor risk - Profit margin trend

First half 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 11%

An Intrinsic Calculation For Glencore plc (LON:GLEN) Suggests It's 38% Undervalued

Bunge Limited (NYSE:BG) entered into a definitive agreement to acquire Viterra B.V. from British Columbia Investment Management Corporation, Canada Pension Plan Investment Board and Glencore plc (LSE:GLEN) for $8.2 billion.

Bunge Limited (NYSE:BG) entered into a definitive agreement to acquire Viterra B.V. from British Columbia Investment Management Corporation, Canada Pension Plan Investment Board and Glencore plc (LSE:GLEN) for $8.2 billion.

Does Glencore (LON:GLEN) Deserve A Spot On Your Watchlist?

Glencore Prepares Improved Offer for Teck Resources to Break Deadlock

We Think Glencore (LON:GLEN) Can Stay On Top Of Its Debt

Glencore plc Announces Retirement of Patrice Merrin from the Board

Upcoming dividend of US$0.22 per share at 7.3% yield

The Trend Of High Returns At Glencore (LON:GLEN) Has Us Very Interested

Consensus EPS estimates fall by 10%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment deteriorates as stock falls 15%

Here's Why We Think Glencore (LON:GLEN) Is Well Worth Watching

Glencore Mulls Sale of Volcan Compania Minera Stake

Glencore plc Recommends Distribution of the Financial Year Ended 31 December 2022, Payable on June 1, 2023 and 22 September, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 19%, revenue upgraded

Glencore plc Provides Production Guidance for the Year 2023

Britishvolt in Talks to Sell Majority Stake

Returns on Capital Paint A Bright Future For Glencore (LON:GLEN)

Glencore plc, Annual General Meeting, May 26, 2023

Glencore plc Announces Board Position Changes

Estimating The Intrinsic Value Of Glencore plc (LON:GLEN)

Here's Why We Think Glencore (LON:GLEN) Is Well Worth Watching

High number of new directors

Glencore plc (LSE:GLEN) entered into an agreement to acquire Yauliyacu Mine from Wheaton Precious Metals Corp. (TSX:WPM) for $150 million.

Glencore plc Provides Production Guidance for the Year 2022

Is Glencore (LON:GLEN) A Risky Investment?

Glencore (LON:GLEN) Is Achieving High Returns On Its Capital

Upcoming dividend of US$0.24 per share

Does Glencore (LON:GLEN) Deserve A Spot On Your Watchlist?

First half 2022 earnings released

High number of new directors

Glencore plc Appoints Liz Hewitt as Independent Non-Executive Director

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age