Glencore plc, the UK‑listed global miner, is preparing a revision to chief executive Gary Nagle’s compensation package that would accelerate the vesting of his long‑term share awards in the event of a change of control. The current change‑of‑control clause could leave Nagle’s share awards unvested if he departs the company after a takeover. Under the proposed arrangement, the shares would vest automatically if Glencore is acquired by a competitor and Nagle is replaced as CEO, although a portion of those awards would remain subject to a sale‑restriction for several years. The company has presented the proposal to investors and is still finalising the specific terms of the new provision, according to the Financial Times, which cited people familiar with the matter. No further details on the size of the awards or the exact restriction period were disclosed.