Global Mining: Vale says no plans to replace CEO

Vale said on wednesday, 07th June , there are no plans in the company to replace President Murilo Ferreira.

As it has been noticed recently, the interim government of Michel Temer would be interested in changing the command of the Brazilian mining company due to the proximity of the executive with ousted former president Dilma Rousseff and former Finance Minister Guido Mantega. In clarifying the market, Vale said that possibility is not dealt within the company, which keeps the doors open for further speculations.