SAO PAULO, July 9 (Reuters) - A consulting firm hired by
Vale to help it with its CEO succession process has
presented the Brazilian miner's board of directors with 15
potential candidates, local newspaper O Globo reported on
Tuesday.
Among those suggested by Russell Reynolds for Vale's top job
are the heads of big Brazilian firms, the report said, naming
Embraer's ( ERJ ) Francisco Gomes Neto, Gerdau's ( GGB )
Gustavo Werneck and Klabin's Cristiano Teixeira.
Vale, one of the world's largest iron ore miners, expects to
announce by early December its new chief executive in
replacement of Eduardo Bartolomeo, whose term ends this year. He
will support the transition until February 2025.
Russell Reynolds' list, O Globo said, also included Pedro
Parente, who led Brazil's state-run oil giant Petrobras
from 2016 to 2018 and served as former President
Fernando Henrique Cardoso's chief of staff.
Other names listed were those of Volkswagen America
head Pablo Di Si, Anglo American's Ruben
Fernandes, Equatorial's Carlos Piani and Engie
Brasil's Mauricio Bahr, the report added.
Vale did not immediately respond to a request for comment.
Last week, Vale pledged to "proceed swiftly" to replace two
independent board members who resigned in the last few months,
one of them citing allegations of political influence in the CEO
succession plan.