Cliffs director resigns; miner must pay millions to former CEO
August 15, 2014 at 09:11 AM EDT
Aug 15 (Reuters) - One of Cliffs Natural Resources Inc's few incumbent directors has stepped down and delivered a stinging resignation letter, filings showed on Friday, as the miner separately revealed it was on the hook for millions in payments to its former CEO and others in the wake of a proxy fight.