Gunvor Group has established a new management board and expanded its employee ownership following the abrupt departure of billionaire cofounder Torbjörn Törnqvist last year.
The changes, which haven’t been publicly announced, give an indication of how the oil and gas trading giant is overhauling its corporate structure after one of the most tumultuous periods in its history.
Gary Pedersen
Source: Gunvor Group
It has put together a management board that comprises Chief Executive Officer Gary Pedersen, the American oil trader who took the helm after Törnqvist quit; gas and power chief Aldo Della Valle; co-head of liquefied natural gas Kalpesh Patel; ...