first_img More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com Tags: NULL whatsapp Xstrata’s Glencore directors not independent enough, says PIRC Show Comments ▼ A SHAREHOLDER advisory group has recommended that its members vote against the re-election of three non-executive directors at Xstrata on the grounds that they are also nominees of Glencore.The Pensions Investment Research Consultants (PIRC) have said that Xstrata investors should oppose the re-appointment of Ivan Glasenberg, Aristotelis Mistakidis and Tor Peterson on the grounds that they are “not independent” because of their involvement with Glencore, which owns 34 per cent of Xstrata’s stock.The issue has come into sharp focus due to Glencore’s imminent flotation, which many have said could be a precursor to a merger with Xstrata. Glencore’s float prospectus is due out in early May. KCS-content whatsapp Share Tuesday 19 April 2011 9:01 pmlast_img