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Glencore appoints first woman to its board

MINING GIANT Glencore has appointed its first female director to its board, ending its status as the last FTSE 100 company with an all-male board.

Patrice Merrin, a Canadian former mining executive, has joined Glencore as an independent non-executive director with immediate effect.

The group has faced criticism for its failure to appoint a woman to its board, most recently from business secretary Vince Cable who last month said it was “simply not credible” that the company had failed to find a suitable female candidate to join its board.

In 2011, Lord Davies, the former trade minister set a target for women to make up 25% of all FTSE 100 boards by next year.

Merrin spent ten years as Sherritt, the Canadian diversified miner, until 2004, latterly as COO. She then became CEO of Luscar, Canada’s largest thermal coal producer. She is currently a non-executive director of Stillwater Mining.

Commenting on the new appointment, Tony Hayward, chairman, stated: “Patrice’s in depth experience of operating across the resources sector will help strengthen the Board’s ability to work with the opportunities and challenges presented by the global extractive industry. Her record of non-executive director appointments, activist involvement and industry advisory board service is also an excellent complementary skill set to our board.”

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