Miner Vale's chairman says board prioritized CEO choice to avoid market noises

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Miner Vale's chairman says board prioritized CEO choice to avoid market noises

RIO DE JANEIRO - The board of directors of Brazil miner Vale has prioritized the works of defining a new chief executive for the company to avoid further noises in the market regarding potential candidates, its Chairman Daniel Stieler told Reuters on Tuesday.

Vale on Monday said current Chief Financial Officer Gustavo Pimenta will become its next CEO, wrapping up a noisy succession process months ahead of its own deadline.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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