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Brazil’s Vale taps Marcelo Bacci as new CFO

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FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo
FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo

SAO PAULO (Reuters) – The board of Brazilian miner Vale has approved Marcelo Bacci as the company’s new chief financial officer, according to a securities filing released on Friday, which added that the executive will start his new role on December 2.

Bacci, who served as finance chief for pulp maker Suzano, will replace Murilo Muller, who is temporarily serving in the job.

Following Bacci’s resignation, Suzano’s new chief financial officer will be Marcos Moreno Chagas, the company announced in a separate filing also on Friday.

(Reporting by Andre Romani)

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