Brazil’s President Lula says he will not discuss Vale’s CEO succession

Brazil’s president, Luiz Inacio Lula da Silva. (Image by the Presidential Office, Twitter/X.)

Brazil’s president, Luiz Inacio Lula da Silva, said in an interview on a local TV station on Tuesday that he would not discuss miner Vale’s CEO succession.

On Monday, Brazil’s government was again reported by local media as trying to interfere in Vale’s succession, after the government had denied earlier this year that it sought to influence the discussions of who would be the next CEO of the company.

(By Andre Romani and Steven Grattan; Editing by Himani Sarkar)


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