Vale SA has appointed Gustavo Pimenta as its next CEO, according to a regulatory filing disclosed by the company. Pimenta will succeed Eduardo Bartolomeo who served as the CEO for five years, stepping down after steering the company through a challenging period marked by Brazil’s deadliest mining disaster in January 2019. Pimenta will officially assume the role on January 1, 2025. The decision, made unanimously by the board, aims to resolve a complex and contentious succession process.
Mining and Metals, Corporate Governance,Brazil
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