And here's the board of Minara . Dont think theres much chance of a veto on the Glencore bid ????
Board of Directors Malcolm Macpherson BSc (Canterbury), Cert.Acctg, FAICD, FAusIMM, FTSE Chairman and Independent Non-Executive Director
Mr Macpherson was elected as Chairman in July 2011 and has been a non-executive director since April 2002. Mr Macpherson is also Chairman of the Risk Management & Compliance Committee and a member of the Nomination & Remuneration Committee and the Audit Committee.
Before joining the Board, Mr Macpherson was Managing Director and Chief Executive Officer of Iluka Resources Limited, a major Western Australian resources company. In addition to his previous board appointments, Mr Macpherson served as Senior Vice President of the Minerals Council of Australia in 2000 and as President of the Chamber of Minerals & Energy (WA) from 1990 to 1994.
Mr Macpherson is also a director of Titanium Corporation Inc, Bathurst Resources Limited and is director and Chairman of Pluton Resources Limited.
Peter Johnston BA, FAusIMM, FAICD Managing Director and Chief Executive Officer
Managing Director and Chief Executive Officer since 28 November 2001. Mr Johnston is Chairman of the Minerals Council of Australia, an Executive Council member and past President of the Chamber of Minerals & Energy (WA), a director and past chairman of the Nickel Institute and Vice President of the Australian Mines and Metals Association.
Mr Johnston is currently a director of Emeco Holdings Limited and Silver Lake Resources Limited.
Mr Johnston was formerly employed by WMC Ltd from 1993 to 2001. During that period he held the position of Executive General Manager and at various times was responsible for the nickel and gold operations, Olympic Dam Operations, Queensland Fertilizers Ltd and human resources. He has also held senior positions with Lion Nathan Australia and Alcoa of Australia Limited.
Ivan Glasenberg B.Acc, MBA (USC), CA.SA (Sth Africa) Non-Executive Director
Non-executive director since December 2000 as a nominee of Glencore, Mr Glasenberg is also a member of the Nominations & Remuneration Committee .
Mr Glasenberg joined Glencore in 1984 and was appointed Chief Executive Officer of Glencore from 2 January 2002. He became the Head of Coal in 1990 after having worked in the coal department in South Africa for three years and in Australia for two years. He managed Glencore's Hong Kong office during the period 1988-1989. Prior to joining Glencore, he worked for five years at Levitt Kirson Chartered Accountants. Mr Glasenberg has been a director of Glencore and a member of its Board since June 2001.
Mr Glasenberg is a director of Xstrata plc and United Company RUSAL plc.
John Morrison BE (Hons), MBA, MAusIMM, MAICD Independent Non-Executive Director
Non-executive director since December 1999, Mr Morrison is currently Chairman of the Audit Committee and a member of the Nominations & Remuneration Committee and the Risk Management & Compliance Committee.
Mr Morrison is an executive director of Grant Samuel, a leading independent investment bank. He has broad experience in the finance and natural resources industry and since 1990 has been involved in providing advice to corporations in mergers, acquisitions, valuations, restructurings, financing and capital management. Prior to this he worked in engineering and construction in Australia and in the United Kingdom.
Mr Morrison is also a non-executive director and Chairman of Signature Capital Investments Limited.
Marc Ocskay MBA, Switzerland Non-Executive Director
Mr Ocskay was appointed as the alternate non-executive director for Mr Willy Strothotte from December 2008 to June 2011, he was then appointed as a non-executive director on 8 June 2011. Mr Ocskay is a member of the Audit Committee and the Risk Management & Compliance Committee.
Mr Ocskay joined Glencore in 1998 to focus on corporate finance projects, debt capital market transactions and investors/public relations. Prior to joining Glencore, Mr Ocskay worked for UBS in the Structured Finance division in Zurich, London and Sydney.
MRE Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
