Vale CEO and other execs resign month after Brazil dam collapse

Vale CEO and other execs resign month after Brazil dam collapse

Brazilian mining Giant Vale SA said its CEO Fabio Schvartsman and three other senior executives have stepped down in the wake of a mining dam collapse that killed at least 186 people. The mine owned by Vale burst January 25 in the town of Brumadinho. Vale said that its board of directors had immediately accepted the resignation after prosecutors recommended their removal.

Simone
Simone
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