Tony Hayward, the former BP chief executive who was once described as the US’s most hated man, has sealed a remarkable comeback by becoming interim chairman of commodities group Glencore Xstrata.
The appointment follows the ousting of Sir John Bond in a shareholder coup that saw an 80 per cent vote against the reappointment of the City of London veteran.
Mr Hayward, who was already a director, will oversee the search for a permanent chairman and is not in the running for the job. Colleagues say he has his work cut out running Genel Energy, the Kurdistan-focused exploration company that he created after leaving BP.
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