In many ways, 2024 has demonstrated our commitment to autonomy and trust. This year, we restructured InCommodities into three autonomous business units – Europe, North America, and Asia-Pacific – each with its own leadership structure and full value chain.
Jesper Johanson, Chairman, InCommodities
A letter from our chairman
The audacity of trust
2024 has been a testament to our commitment to rethinking, autonomy, and trust. We challenged our own structures, created more room for ownership across our offices, and emphasized how trust is key in everything we do.
A letter from our chairman: The audacity of trust
At InCommodities, trust is more than a principle – it is embedded in our culture and defines how we operate. We trust in technology, the expertise of our people, our culture, and the strength of our purpose and vision.
Our success is built on trust in our people. We maintain a flat organizational structure, encourage decentralized decision-making, and empower our people in taking responsibility from day one. We expect our people to take ownership, knowing their mastery drives our success. This autonomy fuels engagement, accountability, and agility, ensuring decisions are made by those closest to the matter.
In many ways, 2024 has demonstrated our commitment to autonomy and trust. This year, we restructured InCommodities into three autonomous business units – Europe, North America, and Asia-Pacific – each with its own leadership structure and full value chain. As part of this transformation, we appointed new CEOs for each unit to strengthen region-specific leadership and strategic focus. After 7.5 years as CEO, I transitioned into a role as Chairman of the Board leaving all operational duties behind.
Across our value chain, we restructured processes, teams, tools, and platforms to support this new organizational model. We believe this is the most agile and sustainable path for future and global growth. It is also how we remain true to our core values and founding principles of trust and autonomy.
Another key element of our leadership philosophy is ownership. Our people are not just employees – they are invited to become shareholders, actively shaping our success. Through our warrant program, all team members – students and full-time – can acquire ownership after a vesting period, and many have been with us long enough to become co-owners.
We believe co-ownership aligns individual and company goals, ensuring decisions are made with the company’s long-term interests in mind.
As we look ahead, our focus remains the same: Trust in people. Trust in technology. Trust in our purpose. By leveraging advanced technology, deep market insights, and the talents of our colleagues, we will continue rethinking how energy trading can drive progress, sustainability and energy security.
