By Pascaline Stella and Mathilde de Mareuil from Shipping and Trading Network
Welcome to this monthâs edition of âTrading Places,â where we spotlight the dynamic world of commodities trading and the influential players shaping its direction. The executive shuffle is in full swing, with top-tier talent changing companiesas effortlessly as pro traders swap commodities. đ
So, buckle up and join us as we navigate the latest executive moves, explore their impacts, and celebrate the fresh perspectives breathing new life into the market. Letâs dive into the whoâs who of commodities trading! đ
1 – Change of CEO at MKS PAMP
Effective 1 January 2025, James Emmett will take on the role of CEO at MKS PAMP, financial and physical precious metals trading, succeeding Marwan Shakarchi.
2 – CFO at Swiss Steel Group
Following Marco Portmann‘s departure from Swiss Steel Group for personal reasons after morethan 19 years, Thomas Löhr will be the new CFO and member of the Executive Board of Swiss Steel Group.
3. New senior Trader Pierre Chapuis at Axpo
Pierre Chapuis was appointed as the new Head of Petroleum and Green Fuels Trading. With abackground spanning more than 20 years in the oil industry, Chapuis haspreviously worked as a crude trader at companies like Mercuria, Petroplus,and Cargill.
4 – Keir Ashton to join Varo Energy
 Effective September 1st, Keir Ashton will take on the position of General Counsel at VARO Energy, with his main base of operations being in Zug, Switzerland.
5 – New CEO at BRS Shipbrokers
 BRS’ long-time President Francois Cadiou stepped down, and Gilbert Walter, the current CEO of BRS Shipbrokers, was elected to take over as thenew President and CEO of the group.
6 – New member of the leadership team at Targray
 Erik Rietkerk has been appointed to Targray‘s Executive Leadership Team as the Global Head of Agricommodities and Co-Head of Biofuels & Feedstock.
7 – Ex-Trafigura metals boss Kostas Bintas to run a team of 40 at rival Mercuria
 Kostas Bintas is set to collaborate once again with a part of the team he previously workedwith at Trafigura. During his time there, he successfully led a significant growth of thecompany’s copper division, surpassing Glencore to become the top trader of the metal globally.
8 – Head of Metals Ops at Trafigura and Co-Head of Battery Metals to join Mercuria
 According to sources, Svetlana Kabanova, who previously held the position of Head of Metals Operations at Trafigura, has officially joined Mercuria in her new role.
9 –Â New energy trading company in Lugano
 Nicola Stricchiola (CEO) and Benedict Sciortino (President) will lead Sirius Energy SA.
Several DXT Commodities‘ employees have joined the company.
10 – Hartree Partners expanding
The company recently recruited multiple Traders to expand its physical power business in the United States, aspart of a trend where various commodity firms are entering the highly volatileand lucrative markets. The new hires include:
Jackie Sparling, a former Calpine Corp Trader.
Andrew Mardirossian, previously with CitigroupInc., as East Power Trader in Houston.
Ryan Renshaw, with more than 15 years of experience at Shell Plc.
The Movers and Shakers in trading spotlights the dynamic individuals driving market trends with bold decisions and innovative strategies. Their expertise and risk-taking shape the financial landscape. Join us next month for The Movers and Shakers in Trading brought to you by Shipping and Trading Network. Follow us on LinkedIn:
Sources:
MKSPAMP appoints new Chief Executive Officer | MKS PAMP
Changesin the Executive Board of Swiss Steel Group (swisssteel-group.com)
(1)BRS Shipbrokers: Posts | LinkedIn
TargrayAppoints Erik Rietkerk to Executive Leadership Team (prweb.com)
Ex-Trafigurametals boss to run new team of 40 at rival Mercuria –Â MINING.COM
VAROappoints Keir Ashton as General Counsel | Accelerating the energy transition |VARO Energy
Recent Comments