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Commodities traders need to wake up to key-man risk

Posted on 24 June 2013

The leadership changes in Louis Dreyfus Commodities and Bunge are a good reminder that chief executives do not stay forever – and a wake-up call for some big trading houses facing a “key-man risk”.
The names of the chief executives of trading titans Glencore, Wilmar, Trafigura and Vitol are so closely associated with their firms that they are almost inseparable. But at some point Ivan Glasenberg, Kuok Khoon Hong, Claude Dauphin and Ian Taylor will retire………………………………………..Full Article: Source


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VRS - who has written 40662 posts on Opalesque Commodities Briefing.


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