Xstrata loses CFO to merger

The mega-merger of Xstrata and Glencore has claimed a senior management scalp as the man slated to be Chief Financial Officer of the new group stepped aside.

The mega-merger of Xstrata and Glencore has claimed a senior management scalp as the man slated to be Chief Financial Officer of the new group stepped aside.

Xstrata said its CFO, Trevor Reid, had decided not to take up the equivalent position at Glencore Xstrata when the $31bn merger with Glencore International.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.