Vale SA (ADR) (NYSE:VALE) decided not to renew the contract of current CEO, Roger Agnelli, after it expires in May, and that’s according to Brazil’s Energy Minister Fernando Coelho Filho. According to media reports, President Dilma Rousseff’s government has asked a key Vale shareholder to help replace Agnelli, after years of criticism by politicians that […]
Vale SA
Vale SA (ADR)(NYSE:VALE) Intensifies CEO Search
Vale SA (ADR)(NYSE:VALE) has stepped up the quest for a new CEO as Murilo Ferreira reported his departure, indicating measures by some top shareholders to protect the world’s number 1 iron producer firm from political interference. The buzz Earlier Vale reported Ferreira will step down from his CEO role after his term expires in May. […]
