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Second Chances

Ivan Glasenberg has waited 20 years to deliver a commencement address at the USC Marshall School of Business. On July 30, he’ll finally get his chance.

In 1983, Glasenberg was due to deliver the valedictory address at commencement ceremonies for the school’s International Business Education and Research Program.

He was prepared to praise the accelerated MBA program in global management, to sermonize about the rewarding year he had spent at Marshall and pay tribute to faculty, staff and fellow classmates.

Unfortunately, an ill-timed commitment in his native Israel forced him to relinquish the honor.

Two decades later, IBEAR director Jack Lewis has invited Glasenberg to offer the address at another commencement ceremony. This year, he will deliver long-overdue praise and also illustrate the impact his IBEAR MBA has had on his career.

Glasenberg is chief executive officer of Glencore International A.G., the world’s largest private trader of crude oil and oil products.

Based in Switzerland, the company has worldwide interests in mining, smelting, refining and processing.

Glasenberg joined Glencore in 1984. He worked in the coal department in South Africa for three years and Australia for two years. From 1989 to 1990, he managed the firm’s Hong Kong and Beijing offices. In 1991, he became head of worldwide coal operations, and he was promoted to Glencore’s executive office in 2002.

IBEAR commencement ceremonies will be held July 30 at USC’s Town & Gown.

Contact Douglass Gore at (213) 740-6881.

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