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Vale hires Russell Reynolds to advise on CEO selection

Reuters | May 24, 2024 | 8:41 am Careers Top Companies

Vale approves new three-year term for CEO Bartolomeo

Vale CEO Eduardo Bartolomeo (Credit: Vale)

Brazilian miner Vale said on Thursday its board had voted to bring on consultancy firm Russell Reynolds to advise on the process of selecting a new chief executive.

Vale intends to announce a new CEO by Dec. 3, and current CEO Eduardo Bartolomeo will stay on through next February to ensure a smooth transition, the company previously said.

(By Andre Romani; Editing by Kylie Madry)