Glencore’s Top Oil and Gas Trader Becomes Latest Senior Exit (1)

The head of Glencore Plc’s oil and gas trading team is planning to leave the company, becoming the latest high profile departure from one of the world’s biggest commodity traders.

Alex Sanna, who has been at the company for almost 20 years, will leave at the end of this year after deciding to step down, according to an internal memo seen by Bloomberg News. He will be replaced by Maxim Kolupaev, who currently leads LNG, gas and power trading.

Sanna’s departure comes just a few months after the company posted one of the worst performances from its ...