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Vale's Ferreira to step down

Vale (BZ:VALE5) chief executive Murilo Ferreira has decided to not renew his contract after the expiration of his term on May 26.

Mining Journal
Murilo Ferreira has steered Vale through one of the most turbulent periods in its history

Murilo Ferreira has steered Vale through one of the most turbulent periods in its history

Ferreira, who was nominated as Vale CEO in May 2011, has steered the company through a turbulent period. During his tenure, commodity prices plummeted, equity valuations dropped and Brazil went through...

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