Glencore chief executive Ivan Glasenberg spent last week in Sydney, catching up with his Rio Tinto counterpart (and local resident) Jean-Sébastien Jacques, and then Prime Minister Scott Morrison.
And the Swiss-based billionaire was set to head home on Friday until BHP chairman Ken MacKenzie pressed the big succession button at the Big Australian the previous morning.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
