Glencore plc

JSE:GLN Stock Report

Market Cap: R990.9b

Glencore Management

Management criteria checks 3/4

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 ZAR162.74M. 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

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 ($USD5.83M) is above average for companies of similar size in the ZA market ($USD2.93M).

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%
ZAR 163.0m
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: GLN's management team is seasoned and experienced (5.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Gary Nagle
CEO & Director3.4yrsUS$5.83m0.016%
ZAR 163.0m
Martin Gilbert
Independent Non-Executive Director7.6yrsUS$278.00k0.00056%
ZAR 5.5m
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%
ZAR 1.6m
Elizabeth Hewitt
Independent Non-Executive Director2.4yrsUS$241.00k0.000090%
ZAR 891.8k
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: GLN's board of directors are considered experienced (3.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 16:51
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Glencore plc is covered by 42 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