Shares of Brazil's Usiminas drop on departure of CEO Eguren

viernes 26 de septiembre de 2014 09:32 GYT
 

SAO PAULO, Sept 26 (Reuters) - Shares of Usiminas , the largest Brazilian maker of flat steel products, dropped on Friday after the company said Julian Eguren had left his post as the company's chief executive officer.

The company, formally known as Usinas Siderurgicas de Minas Gerais SA, said in a securities filing that Romel Erwin de Souza would take over the CEO position on an interim basis.

At 10:26 a.m. local time (1326 GMT), Usiminas shares were down 3.84 percent to 7.27 reais, while Brazil's benchmark Bovespa stock index was up 0.72 percent. (Reporting by Asher Levine)