Glencore completes changing of the guard The changes are part of a wider shake-up for the Swiss-based commodities company. Keystone / Urs Flueeler Glencore’s top coal trader is to depart, completing a change of the old guard at the top of world’s most powerful commodity trader. This content was published on March 16, 2021 - 09:01 March 16, 2021 - 09:01 Neil Hume, The Financial Times Tor Peterson will leave the Swiss-based company later this year along with two of the candidates who lost out in the race to succeed Ivan Glasenberg as chief executive: Kenny Ives, the head of nickel trading, and his opposite number in copper, Nico Paraskevas.