financetom
Business
financetom
/
Business
/
Brazilian miner Vale picks CFO Pimenta as next CEO
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazilian miner Vale picks CFO Pimenta as next CEO
Aug 29, 2024 2:23 AM

SAO PAULO, Aug 26 (Reuters) - Brazilian miner Vale

announced that current Chief Financial Officer Gustavo Pimenta

will become its next Chief Executive Officer, according to a

securities filing on Monday.

Vale said Pimenta, who will replace current CEO Eduardo

Bartolomeo, was elected by the board unanimously, adding the

transition will follow a schedule the firm had already released.

Vale has been dealing for months with the turbulent and

politically charged process of choosing its next CEO, which it

was only expected to conclude later in the year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MetroCity Bankshares Insider Sold Shares Worth $2,587,350, According to a Recent SEC Filing
MetroCity Bankshares Insider Sold Shares Worth $2,587,350, According to a Recent SEC Filing
Jul 24, 2024
10:22 AM EDT, 07/24/2024 (MT Newswires) -- Don Leung, Director, around July 22, 2024, sold 83,217 shares in MetroCity Bankshares ( MCBS ) for $2,587,350. Following the Form 4 filing with the SEC, Leung has control over a total of 848,250 shares of the company, with 848,250 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1747068/000174706824000047/xslF345X03/primary_doc.xml Price: 30.88, Change: -0.25, Percent Change: -0.80...
Encompass Health Raises Dividend, Boosts Share Repurchase Authorization
Encompass Health Raises Dividend, Boosts Share Repurchase Authorization
Jul 24, 2024
10:15 AM EDT, 07/24/2024 (MT Newswires) -- Encompass Health ( EHC ) said Wednesday its board increased its quarterly dividend by about 13% to $0.17 per share, payable Oct. 15 to holders of record Oct. 1. The board also approved resetting the company's share repurchase authorization to $500 million from around $181 million as of June 30. Encompass Health (...
Looking At Coinbase Glb's Recent Unusual Options Activity
Looking At Coinbase Glb's Recent Unusual Options Activity
Jul 24, 2024
Investors with a lot of money to spend have taken a bullish stance on Coinbase Glb . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with...
General Dynamics Hits High Revenue But Faces Earnings Hiccup In Q2: Details
General Dynamics Hits High Revenue But Faces Earnings Hiccup In Q2: Details
Jul 24, 2024
General Dynamics Corp ( GD ) shares are trading lower after the company reported second-quarter fiscal 2024 results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29. Operating earnings rose 20.2% Y/Y to $1.156 billion, and the margin expanded 20 basis points...
Copyright 2023-2025 - www.financetom.com All Rights Reserved