Rio de Janeiro, March 4th, 2019 – Vale S.A. (“Vale”) shares, in addition to the press release dated March 2nd, 2019, more information about the executive Eduardo Bartolomeo, appointed as Vale’s interim Chief Executive Officer by its Board of Directors.
Eduardo Bartolomeo is a senior executive with solid experience in integrated operations of bulk commodities, supply chain, and business turnaround. He has experience in leading complex operations and establishing a culture of operational excellence.
Eduardo Bartolomeo has 10 years of experience in Vale, having previously held the position of Executive Director of Logistics, Integrated Operations of Bulk Commodities (iron ore, coal and manganese) and most recently as Executive Director of Base Metals. He was also a member of Vale’s Board of Directors, Financial Committee and Governance, Compliance and Risk Committee between 2016 and 2017.
He worked at Ambev from 1994 to 2003, having served in executive positions, the last one being Operations Director. He has also experience as Chief Executive Officer and Board Member in other companies.
The choice of Eduardo Bartolomeo, Vale’s most experienced Executive Director and with a solid career inside and outside the Company, followed the Company’s succession process in accordance to the interim succession plan previously discussed by the Board of Directors. The choice is aligned with the goal of bringing a senior executive to ensure stability to Vale’s operations, continuity of the indemnification process, repair and mitigation of the effects of the rupture of Dam I of the Córrego do Feijão mine.
Eduardo Bartolomeo, recognized for accumulating different experiences whilst having great knowledge of Vale’s business, will maintain an open and transparent dialogue with the various stakeholders of the company.