Vale Taps Murilo Ferreira as CEO
April 05, 2011 at 00:47 AM EDT
Brazilian mining giant Vale S.A. (VALE) on Monday named Murilo Ferreira as its new chief executive, replacing Roger Agnelli. “Murilo Ferreira was indicated by the controlling shareholders from a list of three prepared by an international executive search firm,” Vale said in a statement. The nomination will take effect on May 22.