Gunvor's New Era: Employee-Owned, Led by Pedersen
Update: 2025-12-02
Description
Gunvor Group, a key player in global commodities trading, has undergone a significant ownership change. The management team, led by new CEO Gary Pedersen, has completed a long-planned buyout, making Gunvor an employee-owned enterprise. This shift aims to shed past perceptions and focus on a new direction, with Pedersen bringing over 30 years of trading experience to the role. The company remains financially strong and plans to expand globally, particularly in the US, while streamlining governance and aligning ownership and management.
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