Deals
Glencore’s Female Director Marks Mining Industry Progress
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Mining companies, long laggards in appointing women to their boards, are starting to catch up under pressure from corporate governance groups and activist shareholders.
The latest is Glencore Plc, the Swiss commodity trader, which on June 26 appointed mining executive Patrice Merrin. Prior to her arrival, Glencore was the last company left on the U.K.’s FTSE 100 Index with an all-male board. At the start of last year, five of the seven corporations on the U.K.’s FTSE-100 Index without women board members were mining companies. Now all five have at least one female director.