Vale informs change of Chairman of the Board


Vale informs change of Chairman of the Board

Rio de Janeiro, May 03rd, 2019 – Vale S.A. (“Vale”) informs that the chairman of the Board Gueitiro Matsuo Genso will be replaced by José Maurício Pereira Coelho as of today. 


José Maurício Pereira Coelho is an executive with solid experience in finance, investor relations, M&A, corporate governance, strategic planning and extensive partcicipation as a board member of companies listed on the B3 Novo Mercado. José Maurício took over as CEO of pension fund Previ in July 2018, after having several management positions at Banco do Brasil since 2009.

Gueitiro Matsuo Genso has made relevant contributions to Vale in his position as chairman of the Board since February 2016.

For further information, please contact:

Andre Figueiredo:
Andre Werner:
Mariana Rocha:
Samir Bassil:

This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM), and the French Autorité des Marchés Financiers (AMF), and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F.


Vale informs change of Chairman of the Board