May 16, 2013 / 12:45 PM / 4 years ago

Hayward will not take permanent chairman role at Glencore

LONDON, May 16 (Reuters) - Former BP boss Tony Hayward, appointed as interim chairman of Glencore Xstrata on Thursday, will step down once a new chairman takes up the role, the company said.

Earlier, a source with knowledge of the matter said Hayward, Glencore’s senior independent director before Thursday, would lead the nominations committee but would not throw his own hat in the ring.

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