Vale approves CEO’s proposal to overhaulExecutive Board

摘要

THE BOARD OF Brazilian mining major, Vale, onNovember 24 approved a proposal by its CEO MuriloFerreira for the adoption of a new structure for the group’sExecutive Board, the group reported. The re-structuringsees the exit from the Board of Mario Barbosa, who joinedVale as executive director for Fertilizers in June 2010.Barbosa is now leaving Vale.