In March 2021, Vale announced the creation of the Executive Vice President
of Strategy and Business Transformation, responsible for leading
initiatives to position Vale for the future, aggregating the Mineral
Exploration, Business Development, Innovation and Digital Transformation
areas. The Executive Vice President will also integrate the Company's
transformation efforts to achieve its ambitions of being a benchmark in
safety, a world-class reliable operator, a talent-driven organization, a
leader in low-carbon mining and a reference in value creation and sharing.
To lead as this Executive Vice President, Vale announces Luciano Siani
Pires, who since 2012 has held the position of Executive Vice President of
Finance and Investor Relations. For this new challenge Luciano brings his
vast experience as a member of the Company's Executive Committee, having
already led, in addition to the Finance Area, the Shared Services Center,
Supplies, Information Technology and Projects areas, besides of having
been a Board member, Global Strategy Director and Global Human Resources
Director before joining the Executive Committee.
“Luciano deeply knows the Company and the industry and has the respect and
the admiration of the organization and our business partners. He is a
great name to lead the construction of our future and also gives us
assurance that growth will take place with capital discipline”, said
Eduardo Bartolomeo, Vale’s CEO.
To occupy the position of Executive Vice President of Finance and Investor
Relations, Vale announces the arrival of Gustavo Pimenta, who has been
working at AES for twelve years - as global CFO for the past three years,
having previously held the functions of CFO of several business units in
Brazil and abroad. Prior to that, he held the positions of Director of
Planning and Strategy and Vice President of Performance and Services.
At AES, Gustavo led the company's global repositioning to a company
focused on ESG and low carbon, having actively participated in the group's
Diversity and Inclusion initiatives. He is a member of several Boards of
companies such as AES Gener in Chile and AES Clean Energy in the US. Prior
to AES, he was Vice President of Strategy and M&A at Citibank in New York
and worked as an Auditor at KPMG for three years earlier in his career.
According to Eduardo Bartolomeo, “Gustavo represents a relevant addition
to the Executive Committee, bringing his global experience and a renewed
vision to our business, with strong leadership capacity in directing our
collective efforts to achieve Vale's ambitions”.
The changes are effective as of November 1st, 2021.