Glencore International Plc investor relations manager Nicholas Bias has left the company less than four months after starting in the role, according to a person with knowledge of the matter.
Bias, who took on the job with the Baar, Switzerland-based company in February, resigned on May 25, the person said, declining to be identified as the terms are confidential. Simon Buerk, a spokesman for Glencore, the world’s largest commodities trader, declined to comment. Bias was formerly investor relations manager at Aquarius Platinum Ltd. (AQP)
His name wasn’t among Glencore contacts listed in a company statement to the London Stock Exchange today after being included in a May 24 filing. Marc Ocskay, who has worked at Glencore for 13 years and is head of corporate finance which incorporates investor relations, was listed as a contact on today’s statement.
Bias accompanied Chief Financial Officer Steven Kalmin on a global roadshow, meeting investors in preparation for the IPO, while Ocskay joined Chief Executive Officer Ivan Glasenberg in briefing other potential shareholders, the person said.
Glencore raised $10 billion in an initial public offering in London and Hong Kong this month, selling shares at 530 pence apiece. The IPO, the biggest in the world this year, attracted 12 cornerstone investors, including Abu Dhabi’s Aabar Investments PJSC and BlackRock Inc., who committed a combined $3.1 billion that they are locked into for six months.
Three calls to Bias’ mobile phone went unanswered and he didn’t return a voice message.
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