Brazil's Vale is unaware of plans to replace CEO Ferreira

miércoles 8 de junio de 2016 10:25 GYT
 

SAO PAULO, June 8 (Reuters) - Vale SA, the world's largest iron ore producer, is not aware of any discussions or attempts to replace Chief Executive Officer Murilo Ferreira, as recently reported by local newspapers.

In a Wednesday securities filing, Vale said that there have been no discussions within the company over the replacement of Ferreira, who was made Vale's top executive in mid-2011. Likewise, shareholders comprising the company's controlling block have not communicated an intention to remove Ferreira from his position, according to the filing. (Reporting by Guillermo Parra-Bernal)