Vale CEO Murilo Ferreira to Step Down in May
February 24 2017 - 8:51AM
Dow Jones News
By Paul Kiernan
RIO DE JANEIRO -- Brazilian mining giant Vale SA said Friday its
chief executive plans to step down when his term ends in May, amid
reports of political pressure from government allies to replace him
with an appointee.
Vale CEO Murilo Ferreira won't renew his contract when it
expires May 26, after five years on the job.
Write to Paul Kiernan at paul.kiernan@wsj.com
(END) Dow Jones Newswires
February 24, 2017 08:36 ET (13:36 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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