Glencore plc

LSE:GLEN Stock Report

Market Cap: UK£32.2b

Glencore Management

Management criteria checks 4/4

Glencore's CEO is Gary Nagle, appointed in Jul 2021, has a tenure of 3.75 years. total yearly compensation is $5.27M, comprised of 38% salary and 62% bonuses, including company stock and options. directly owns 0.025% of the company’s shares, worth £8.15M. The average tenure of the management team and the board of directors is 5.8 years and 4 years respectively.

Key information

Gary Nagle

Chief executive officer

US$5.3m

Total compensation

CEO salary percentage38.0%
CEO tenure3.8yrs
CEO ownership0.03%
Management average tenure5.8yrs
Board average tenure4yrs

Recent management updates

We Think Shareholders Will Probably Be Generous With Glencore plc's (LON:GLEN) CEO Compensation

May 23
We Think Shareholders Will Probably Be Generous With Glencore plc's (LON:GLEN) CEO Compensation

Recent updates

Glencore (LON:GLEN) Use Of Debt Could Be Considered Risky

Apr 23
Glencore (LON:GLEN) Use Of Debt Could Be Considered Risky
author-image

Integration Of EVR And Rising Copper Output Will Drive Success

Apr 22 Integration of coal assets and supply discipline could drive earnings via synergies, cost reductions, and potentially higher pricing, boosting margins and revenues.

Revenues Working Against Glencore plc's (LON:GLEN) Share Price Following 26% Dive

Apr 05
Revenues Working Against Glencore plc's (LON:GLEN) Share Price Following 26% Dive

Glencore (LON:GLEN) Is Doing The Right Things To Multiply Its Share Price

Mar 13
Glencore (LON:GLEN) Is Doing The Right Things To Multiply Its Share Price

Lacklustre Performance Is Driving Glencore plc's (LON:GLEN) Low P/S

Feb 03
Lacklustre Performance Is Driving Glencore plc's (LON:GLEN) Low P/S

Glencore plc (LON:GLEN) Shares Could Be 33% Below Their Intrinsic Value Estimate

Jan 13
Glencore plc (LON:GLEN) Shares Could Be 33% Below Their Intrinsic Value Estimate

Glencore's (LON:GLEN) Returns On Capital Are Heading Higher

Dec 05
Glencore's (LON:GLEN) Returns On Capital Are Heading Higher

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

Oct 12
Estimating The Intrinsic Value Of Glencore plc (LON:GLEN)

Lacklustre Performance Is Driving Glencore plc's (LON:GLEN) Low P/S

Sep 18
Lacklustre Performance Is Driving Glencore plc's (LON:GLEN) Low P/S

Glencore (LON:GLEN) Has A Somewhat Strained Balance Sheet

Aug 31
Glencore (LON:GLEN) Has A Somewhat Strained Balance Sheet

The Return Trends At Glencore (LON:GLEN) Look Promising

Jul 12
The Return Trends At Glencore (LON:GLEN) Look Promising

With Glencore plc (LON:GLEN) It Looks Like You'll Get What You Pay For

Jun 07
With Glencore plc (LON:GLEN) It Looks Like You'll Get What You Pay For

We Think Shareholders Will Probably Be Generous With Glencore plc's (LON:GLEN) CEO Compensation

May 23
We Think Shareholders Will Probably Be Generous With Glencore plc's (LON:GLEN) CEO Compensation

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

Apr 25
Estimating The Intrinsic Value Of Glencore plc (LON:GLEN)

CEO Compensation Analysis

How has Gary Nagle's remuneration changed compared to Glencore's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$5mUS$2m

-US$2b

Sep 30 2024n/an/a

-US$1b

Jun 30 2024n/an/a

-US$521m

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$6mUS$2m

US$4b

Sep 30 2023n/an/a

US$7b

Jun 30 2023n/an/a

US$10b

Mar 31 2023n/an/a

US$14b

Dec 31 2022US$6mUS$2m

US$17b

Sep 30 2022n/an/a

US$17b

Jun 30 2022n/an/a

US$16b

Mar 31 2022n/an/a

US$10b

Dec 31 2021US$4mUS$900k

US$5b

Compensation vs Market: Gary's total compensation ($USD5.27M) is about average for companies of similar size in the UK market ($USD6.71M).

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

CEO

Gary Nagle (49 yo)

3.8yrs

Tenure

US$5,265,000

Compensation

Gary Nagle was appointed as CEO on 1 July 2021. Gary joined Glencore in 2000 in Switzerland as part of the Coal business development team. He was heavily involved in seeding a portfolio of assets to Xstrat...

Leadership Team

NamePositionTenureCompensationOwnership
Gary Nagle
CEO & Director3.8yrsUS$5.27m0.025%
£ 8.2m
Steven Kalmin
Chief Financial Officer19.8yrsUS$400.89kno data
Martin Fewings
Head of Investor Relations & Communicationsno datano datano data
Shaun Teichner
General Counsel5.8yrsno datano data
Derrick Crowley
Head of Human Resources1.3yrsno datano data
Japie Fullard
Head of Ferroalloys Assets6.3yrsno datano data
Ruan Van Schalkwyk
Head of Coal Marketing7.3yrsno datano data
Alex Sanna
Head of Oil Marketing6.3yrsno datano data
Jyothish George
Head of Copper Marketingno datano datano data
Robin Scheiner
Head of Alumina & Aluminium Marketingno datano datano data
Peter Edward Hill
Head of Iron Ore Marketing4.3yrsno datano data
Inigo Segura
Co-Head of the Zinc Marketing Department1.6yrsno datano data

5.8yrs

Average Tenure

49yo

Average Age

Experienced Management: GLEN's management team is seasoned and experienced (5.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gary Nagle
CEO & Director3.8yrsUS$5.27m0.025%
£ 8.2m
Martin Gilbert
Independent Non-Executive Director7.9yrsUS$288.00k0.00079%
£ 254.4k
Cynthia Blum Carroll
Independent Non-Executive Director4.2yrsUS$295.00kno data
Kalidas Madhavpeddi
Chairman5.2yrsUS$1.15mno data
Elizabeth Hewitt
Independent Non-Executive Director2.8yrsUS$263.00k0.00029%
£ 93.4k
John Wallington
Independent Non-Executive Directorless than a yearUS$152.00k0%
£ 0
Gill Marcus
Senior Independent Non-Executive Director7.3yrsUS$315.00kno data
María Zuleta
Independent Non-Executive Directorless than a yearno datano data

4.0yrs

Average Tenure

68yo

Average Age

Experienced Board: GLEN's board of directors are considered experienced (4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/24 23:42
End of Day Share Price 2025/04/24 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Glencore plc is covered by 40 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Teun TeeuwisseABN AMRO Bank N.V.
Pierre-Yves GauthierAlphaValue
Wade NapierAvior Capital Markets