Ivan Glasenberg - Glencore PLC CEO, Executive Director

GLCNF Stock  USD 5.45  0.08  1.49%   

CEO

Mr. Ivan Glasenberg is Chief Executive Officer of Glencore Plc. He Initially worked in Glencores coal department in South Africa as a marketer. Following time in Australian and Asian offices, in 1990 he was made head of Glencores coal marketing and industrial businesses, and remained in this role until he became Group CEO in January 2002. Mr Glasenberg is a Chartered Accountant of South Africa, holds a Bachelor of Accountancy from the University of Witwatersrand and an MBA from the University of Southern California. He is currently a nonexecutive director of Rusal and Rosneft . since 2018.
Age 60
Tenure 6 years
Professional MarksMBA
Phone41 41 709 2000
Webhttps://www.glencore.com
Glasenberg also holds an MBA from the University of Southern California. He is currently a nonexecutive director of United Company Rusal plc . Before joining Glencore, Mr. Glasenberg worked for five years at Levitt Kirson Chartered Accountants in South Africa.

Glencore PLC Management Efficiency

The company has return on total asset (ROA) of 0.0982 % which means that it generated a profit of $0.0982 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3908 %, meaning that it generated $0.3908 on every $100 dollars invested by stockholders. Glencore PLC's management efficiency ratios could be used to measure how well Glencore PLC manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 25.72 B in total debt with debt to equity ratio (D/E) of 0.7, which is about average as compared to similar companies. Glencore PLC has a current ratio of 1.22, suggesting that it is not liquid enough and may have problems paying out its financial obligations in time and when they become due. Debt can assist Glencore PLC until it has trouble settling it off, either with new capital or with free cash flow. So, Glencore PLC's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Glencore PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Glencore to invest in growth at high rates of return. When we think about Glencore PLC's use of debt, we should always consider it together with cash and equity.

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Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland. Glencore Internation operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 135000 people. Glencore PLC [GLCNF] is a Pink Sheet which is traded through a dealer network over-the-counter (OTC).

Management Performance

Glencore PLC Leadership Team

Elected by the shareholders, the Glencore PLC's board of directors comprises two types of representatives: Glencore PLC inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Glencore. The board's role is to monitor Glencore PLC's management team and ensure that shareholders' interests are well served. Glencore PLC's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Glencore PLC's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Smith, Head of Investor Relations
Martin Gilbert, Non-Executive Independent Director
Gill Marcus, Non-Executive Independent Director
Shaun Teichner, G Counsel
John Burton, Company Secretary
William MaCaulay, Independent Non-Executive Director
Leonhard Fischer, Independent Non-Executive Director
Patrice Merrin, Non-Executive Independent Director
Peter Freyberg, Head Assets
Dawid Myburgh, Chief Geologist
Shaun CA, Head Devel
Michael Fahrbach, Head Sustainability
Peter Grauer, Independent Non-Executive Director
Alexander Beard, Director - Oil Commodity Department
Peter Coates, Non-Executive Director
Ivan Glasenberg, CEO, Executive Director
Alex Sanna, Head of Oil
Martin Fewings, Head Communications
Gary Nagle, CEO Director
Japie Fullard, Head Assets
Steven Kalmin, Chief Officer
John Mack, Independent Non-Executive Director
Giles Jones, Chief Officer
Anthony Hayward, Chairman of the Board

Glencore Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Glencore PLC a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Please note, there is a significant difference between Glencore PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Glencore PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Glencore PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.