Holtum used to serve as an officer in the British military. He moved to Trafigura from Glencore in 2014 and currently leads the gas, power, and renewables division.
He will take over as CEO from Jeremy Weir, who has been leading the company for ten years.
As per a source from the newspaper, Weir will continue to serve as the chairman of the board of directors, but the term ‘executive’ will be removed from the position’s title.
source: ft.com
