18 Facts About Ivan Glasenberg

Ivan Glasenberg was born on 7 January 1957 and is a South African business executive and former chief executive officer of Glencore, one of the world's largest commodity trading and mining companies.

Ivan Glasenberg was the company's CEO from 2002 to 2021.

Ivan Glasenberg was born 7 January 1957 in South Africa to a Jewish family.

Ivan Glasenberg's father, Samuel Glasenberg, was a luggage manufacturer and importer born in Lithuania, and his mother, Blanche Vilensky, was South African.

Ivan Glasenberg began attending Hyde Park High School in 1974.

Ivan Glasenberg was an athlete, and by his early 20s was national junior champion in race walking.

Ivan Glasenberg was with Nexia Levitt Kirson, a firm of chartered accountants, for five years and is a Chartered Accountant, South Africa [CA ].

Ivan Glasenberg received his MBA from the IBEAR program at University of Southern California in 1983.

Ivan Glasenberg joined Glencore in 1984, working in the coal department in South Africa and Australia.

Ivan Glasenberg managed Glencore's Hong Kong and Beijing offices from 1989 to 1990, and became head of the company's coal department in 1991.

Ivan Glasenberg has been an executive director of Xstrata ; and as a non-executive director of Minara Resources ; of Rusal ; and Century Aluminum Co.

Originally, Xstrata CEO Mick Davis was to be CEO while Ivan Glasenberg would be President in a merger-of-equals transaction; however, due to the holding out of major Xstrata shareholder Qatar, it became a takeover target, with a 3.05 Glencore to 1 Xstrata share exchange to create the new entity Glencore Xstrata, with Ivan Glasenberg becoming CEO.

In December 2020, Ivan Glasenberg announced that he will be retiring in 2021 thus stepping out of the CEO position after nearly 20 years.

Ivan Glasenberg was succeeded by fellow South African Gary Nagle, who was running the firm's coal business.

Ivan Glasenberg is married to Elana Beverley Orelowitz and they have two children.

Ivan Glasenberg has been a champion race-walker for both South Africa and Israel, and runs and swims daily to maintain his fitness.

Ivan Glasenberg is a resident of the village of Ruschlikon in Switzerland.

Ivan Glasenberg paid 360 million SFr in taxes to Ruschlikon following Glencore's flotation on the London Stock Exchange.