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VALE Vale SA

12.5708
0.0508 (0.41%)
Last Updated: 18:45:10
Delayed by 15 minutes
Name Symbol Market Type
Vale SA NYSE:VALE NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.0508 0.41% 12.5708 12.67 12.45 12.65 15,863,222 18:45:10

Vale CEO Murilo Ferreira to Step Down in May

24/02/2017 1:51pm

Dow Jones News


Vale (NYSE:VALE)
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From May 2019 to May 2024

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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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