RIO DE JANEIRO, Oct 8 (Reuters) - Brazilian miner Vale
on Tuesday swapped out its head of iron ore
solutions, the first major change in leadership since CEO
Gustavo Pimenta started in his role earlier this month.
Vale's current director of product and business
development, Rogerio Nogueira, will take over the role on an
interim basis starting Wednesday through the end of the year,
the miner said in a securities filing.
He'll replace Marcelo Spinelli, Vale said, without
providing a reason for Spinelli's departure.
A source familiar with the matter said Spinelli's exit,
not just from the post but from the company, was decided by
Pimenta himself.
Pimenta believes Vale - one of the world's largest iron
ore producers - needs to shake up its commercial division in
order to build stronger relationships with clients, the source
added.