Glencore Boss Glasenberg Steps Down, Nagle Named CEO
2050 by reducing its direct and indirect carbon footprint by 40% by 2035 compared with last year's levels, which would make them aligned with the Paris agreement on climate change.The group said it would focus on investing in metals that were vital for the transition to a lower carbon world such as cobalt, nickel and copper.Glasenberg kept the door open for a possible future spin-off of the company's coal assets under the next CEO."We take the view we are the better custodian [of coal]... but if shareholders believe it is a better route to sell it off or spin it out or create a pure coal
Malibu Boats Announces c-Suite Changes
Paxson St. Clair steps down from roles as President of Cobalt Boats and Board Member of Malibu Boats, Inc. Shane Stanfill announced as President of Cobalt Boats and Chip Smith joins Malibu Boats, Inc. as Vice President of MarketingIn a letter to all Cobalt Employees, Paxson St. Clair officially announced this week that he would be stepping down from his role as President of Cobalt Boats and Board Member for Malibu Boats, Inc. to spend more time with family. Paxson will remain highly engaged with the brand that he and his family built by assuming a part-time role focused on Cobalt Dealer developmen
Chris-Craft Names Hunt VP of Sales
Gavan Hunt has joined the Chris-Craft team as Vice President of Sales. A marine industry veteran, Hunt most recently worked at Cobalt Boats, where held multiple positions throughout a total of 17 years with the company, including roles as Vice President of Sales and Marketing, Director of Dealer Development, and Regional Sales Manager. In addition to Cobalt, Hunt has held similar roles at Chaparral Boats and Nautic Global Group. While in college at the University of Texas, Gavan worked with his friend Darrell Wilson, owner of the Slalom Shop marine dealership in the Dallas area.
Floating Production's Future: The 6 Things You Need to Know Now
spot Brent closed at $26 – a level far below the breakeven on many oil fields. As a result of the oil price collapse, daily announcements of lower capital spending have been common over the past six to 12 months – from majors like ExxonMobil to smaller upstream players like Premier, Cobalt, others. ExxonMobil, for example, in March said it will budget $23.2 billion in capital spending in 2016 – down 25% from the $31.1 billion spending in 2015 and 45% lower than the peak spending of $42.5 billion in 2013. Over the past two months the picture has brightened a bit and some analysts
