Home Column Pedro Luiz Vale: Murilo Ferreira will be replaced. By whom? Nobody knows up to...

Vale: Murilo Ferreira will be replaced. By whom? Nobody knows up to now.

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Mining company Vale informed on Friday (24) that its CEO Murilo Ferreira will not renew its contract that will expire on May 26. Ferreira assumed command of Vale in May 2011, replacing Roger Agnelli.
“Under Murilo’s leadership, Vale completed S11D, the largest project in its history, and turned the focus to key assets by divesting more than $ 15 billion,” the company the company in written statement.

The press, both local and internacional, reports comments of “sources” that are afraid his departure might leave the company open to a political appointment.