Vale's board of directors has confirmed Bartolomeo as CEO



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

BRASILIA (Reuters) – Brazilian miner Vale SA, the largest iron ore producer, announced Monday that its board of directors has confirmed Eduardo Bartolomeo as the company's chief executive.

Bartolomeo took over at Vale's head two months ago when his predecessor, Fabio Schvartsman, resigned after one of the company's mining dams broke out in January in the Brazilian state of Minas Gerais, killing hundreds of people.

"I accept the commitment to lead Vale at the most difficult time in its history," he said in a statement released by the company. "We will work tirelessly to ensure the safety of the employees and operations of the company."

Bartolomeo is a senior executive with 10 years of experience at Vale, primarily in the company's physical activities. He has been Executive Director in charge of Logistics and most recently as Base Metals Manager in Canada.

Reportage by Anthony Boadle; Edited by Lisa Shumaker

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