Glencore Management

Management criteria checks 4/4

Glencore's CEO is Gary Nagle, appointed in Jul 2021, has a tenure of 3.42 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 £7.72M. The average tenure of the management team and the board of directors is 5.9 years and 3.6 years respectively.

Key information

Gary Nagle

Chief executive officer

US$5.8m

Total compensation

CEO salary percentage31.8%
CEO tenure3.4yrs
CEO ownership0.02%
Management average tenure5.9yrs
Board average tenure3.6yrs

Recent management updates

Recent updates

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)

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

Mar 14
These 4 Measures Indicate That Glencore (LON:GLEN) Is Using Debt Extensively

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

Feb 20
Returns On Capital Are A Standout For Glencore (LON:GLEN)

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

Jan 25
Is Glencore plc (LON:GLEN) Trading At A 49% Discount?

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

Dec 19
Glencore plc's (LON:GLEN) Low P/E No Reason For Excitement

CEO Compensation Analysis

How has Gary Nagle's remuneration changed compared to Glencore's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD5.83M) is about average for companies of similar size in the UK market ($USD5.85M).

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


CEO

Gary Nagle (49 yo)

3.4yrs

Tenure

US$5,833,000

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 & Director3.4yrsUS$5.83m0.016%
£ 7.7m
Steven Kalmin
Chief Financial Officer19.5yrsUS$400.89kno data
Martin Fewings
Head of Investor Relations & Communicationsno datano datano data
Shaun Teichner
General Counsel5.5yrsno datano data
Derrick Crowley
Head of Human Resourcesless than a yearno datano data
Japie Fullard
Head of Ferroalloys Assets6yrsno datano data
Jason Kluk
Head of Ferroalloys & Nickel Marketing6.9yrsno datano data
Ruan Van Schalkwyk
Head of Coal Marketing6.9yrsno datano data
Alex Sanna
Head of Oil Marketing5.9yrsno 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 Marketing3.9yrsno datano data

5.9yrs

Average Tenure

49yo

Average Age

Experienced Management: GLEN's management team is seasoned and experienced (5.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gary Nagle
CEO & Director3.4yrsUS$5.83m0.016%
£ 7.7m
Martin Gilbert
Independent Non-Executive Director7.6yrsUS$278.00k0.00056%
£ 262.7k
Cynthia Blum Carroll
Independent Non-Executive Director3.8yrsUS$268.00kno data
Kalidas Madhavpeddi
Chairman4.8yrsUS$1.15mno data
David Wormsley
Independent Non-Executive Director3.3yrsUS$221.00k0.00016%
£ 75.1k
Elizabeth Hewitt
Independent Non-Executive Director2.4yrsUS$241.00k0.000090%
£ 42.2k
John Wallington
Independent Non-Executive Directorless than a yearno datano data
Gill Marcus
Senior Independent Non-Executive Director6.9yrsUS$308.00kno data

3.6yrs

Average Tenure

68yo

Average Age

Experienced Board: GLEN's board of directors are considered experienced (3.6 years average tenure).