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Vale Elects Oliveira As Chairman After Contentious Shareholder Vote

Macro·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Vale SA shareholders elected Manuel Lino Silva de Sousa Oliveira as chairman on Wednesday, concluding weeks of boardroom turmoil sparked by an effort from one of the Brazilian mining giant’s largest investors to reshape the company’s leadership.

The election follows a period of governance challenges that highlighted tensions among stakeholders regarding the direction of the company.

ValeManuel Lino Silva de Sousa Oliveira

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