off-the-wire

Brazil’s President Lula says he will not discuss Vale’s CEO succession

Kitco Media
By Reuters
Published:
Updated:
Reuters
Brazil’s President Lula says he will not discuss Vale’s CEO succession teaser image

Brazil’s president, Luiz Inacio Lula da Silva, said in an interview on a local TV station on Tuesday that he would not discuss miner Vale’s succession.

On Monday, Brazil’s government was again reported by local media as trying to interfere in Vale’s succession, after the government had denied earlier this year that it sought to influence the discussions of who would be the next CEO of the company.

(Reporting by Andre Romani and Steven Grattan; Editing by Himani Sarkar)

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