Trafigura Says Two Top Executives to Leave in Major Shake-Up (3)

Two of Trafigura Group’s most senior executives are leaving the company in the second major shake-up in less than a year at one of the world’s top commodity traders.

Executive director and long-time head of oil Jose Larocca will retire in September, while Chief Financial Officer Christophe Salmon is leaving in June, the company said in a statement Friday.

The departure of the two men, among the most senior figures in the global commodity trading industry, comes after a period in which Trafigura has reported record profits but been roiled by trading missteps in nickel and oil and charges ...