Trafigura Prepares for CEO Handover to Gas Boss Richard Holtum [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Trafigura Group is preparing for a leadership handover to gas, power and renewables head Richard Holtum as its new chief executive officer, replacing Jeremy Weir who will stay on as chairman of the commodity trading giant. Holtum, 39, a former British army captain who joined Trafigura in 2014, has been holding meetings with the heads of different commodities and their teams at Trafigura to discuss their trading books with them as he prepares to step into the role, according to people familiar with the matter, who asked not to be identified discussing private information. He will become the third CEO in Trafigura's 31-year history, after Weir took over in 2014 from founder Claude Dauphin, who remained chairman until his death the following year. The company is planning to make an announcement as soon as next week, the Financial Times reported earli
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