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Noble Group Chief Executive Alireza Resigns

Noble has suffered following allegations of accounting irregularities, weak commodities prices

By

SINGAPORE—Noble Group said its chief executive has resigned and it is seeking to sell its prized North America energy business, capping months of difficulties for the commodities trader.

Noble Chief Executive Yusuf Alireza is stepping down “for family reasons,” the company said Monday, without elaborating. He will be replaced by two co-chief executives: William Randall, currently president and also a board member; and Jeff Frase,...

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