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Glencore Says Head of Liquefied Natural Gas Luis Lesmes Died

Luis Lesmes, the London-based head of liquefied natural gas at Glencore Plc, has died, said Charles Watenphul, a spokesman at the trading house in Baar, Switzerland.

“It is with great sadness that we confirm the death of Luis,” Watenphul said in an e-mailed statement. “In the time he was at Glencore he became a well-respected and valuable part of the team. Our thoughts are with his friends and family at this tragic time.”

Lesmes, formerly executive director of LNG at Morgan Stanley, moved to the trading house last year, taking the bank’s former LNG team with him. At the time, Glencore was looking for opportunities buying and selling the super-chilled fuel in the physical markets.

Glencore also hired Rajiv Panicker, Lou Montilla and Maggie Jia from Morgan Stanley and the team started trading the commodity in September.

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