Learn more about the Extraordinary Independent Consulting Committees

About Vale

3/21/2019

Learn more about the Extraordinary Independent Consulting Committees

On January 27, 2019, Vale’s Board of Directors created two Extraordinary Independent Consulting Committees: The Extraordinary Independent Consulting Committee for Support and Recovery ("CIAEAR"), dedicated to following up the measures to assist the victims and recover the area affected by the dam breach, ensuring allocation of all required resources, and the Extraordinary Independent Consulting Committee for Investigation ("CIAEA"), to help investigate the facts that caused the breach and find the persons responsible for it.

On February 15, the company announced the formation of a third committee, Extraordinary Independent Consulting Committee for Dam Safety ("CIAESB"), which will be dedicated to advising the Board on issues related to the diagnosis of safety conditions, management and mitigation of risks related to Vale’s ore tailings dams, as well as recommending measures to strengthen safety conditions.

On the same day, the Board decided to re-evaluate and standardize the composition of those committees – to be composed exclusively by external independent members, with unblemished reputation and with experience in the subjects of their respective occupations. Such decision will also enable the Board members who had been previously assigned to the first two committees to dedicate exclusively to the matters concerning the Board of Directors.

Members of the three Committees are listed below:

Extraordinary Independent Consulting Committee for Support and Recovery (CIAEAR)

Leonardo Pereira (external independent member - Chairperson of the committee) - President at Comissão de Valores Mobiliários (CVM) from 2012 to 2017. Independent Advisor of the Oversight Advisory Committee of the World Health Organization. Engineer and economist. Masters in Administration by Warwick University and specialization by AOTs, Japan. Visiting Fellow at Harvard Law School for negotiation and corporate governance. Global experience of more than 25 years in the capital markets.

Ana Cristina Barros (external independent member) - 30 years dedicated to the defense of the environment and sustainable development. Served as National Secretary of Biodiversity and Forests in the Ministry of Environment. Accomplishments: design and promotion of the Rural Environmental Registry, support for the creation of Conservation Units and national policies for management of indigenous lands, negotiations with the Global Environment Fund and representation of Brazil in the assessment of its Biodiversity Policy by the OECD.

Márcio Gagliato (independent external member) - Masters in Social Psychology (PUC) and PhD from the Faculty of Publich Health (USP). Technical Consultant for United Nations agencies and international non-governmental organizations, more than 12 years of experience in humanitarian responses, including actions in Libya, Iran, Syria, Gaza, South Sudan, Somalia, Zimbabwe among others. Awarded with Fellowship Programme in Human Rights by the University of Columbia (NY). Specialist in emergencies by the Pan American Health Organization and participation in the "Reference Group of the Permanent Interagency Committee on Mental Health and Psychosocial Support in Humanitarian Emergencies".

Extraordinary Independent Consulting Committee for Investigation (CIAEA)

Dra. Ellen Gracie (external independent member - Chairperson of the committee) - Former Minister of the Federal Supreme Court and of the Electoral Superior Court, President of the Special Committee for Investigation at Petrobras, President of the Special Committee for Investigation at Eletrobras.

Jose Francisco Compagno - Leadership Partner of the Forensic Department at EY from 2002 to 2018, and Leadership Partner for Transaction Support from 2001 to 2005. Auditing Partner at Arthur Andersen from 1998 to 2001. Director of Auditing at Coopers & Lybrand Auditores Independentes from 1987 to 1998. Graduated in Accounting Sciences at FMU - SP. Member of the Executive Committee at EY from 2016 to 2017.

Manuel de Almeida Martins (external independent member) - Civil Engineer graduated by the School of Engineering of the Federal University of Rio de Janeiro (UFRJ) in 1971, with specialization in geotechnical engineering and dam engineering. He carried out activities for thirty years in studies, project detailing, construction monitoring, supervision, quality control, monitoring and assessments on safety of dams and foundation works in large Brazilian companies as a geotechnical engineer and department manager specialized in geotechnics. In the last twenty years, he has worked as an Independent Consultant in geotechnical engineering for infrastructure projects, mainly dams.

Extraordinary Independent Consulting Committee for Dam Safety (CIAESB)

Flávio Miguez de Mello external independent member - Chairperson of the committee) - Civil engineer with specialization in hydraulics (1967) from the Federal University of Rio de Janeiro (UFRJ), with master's degree in Geology Science (1975) from UFRJ. Miguez is a reference in engineering of dams. He has taken courses and trainings in the USA, Canada and Portugal, has been teaching courses at several universities since 1968, has published more than 100 technical papers in Brazil and abroad, and has managed consulting companies and technical institutions in Brazil and abroad, among which, the International Commission of Large Dams, the Brazilian Committee on Dams, the National Academy of Engineering in Brazil, the School of Engineering of UFRJ, and received several academic and professional awards. He has worked on several dam projects in Brazil and abroad.

Willy Lacerda (external independent member) - Graduated in Civil Engineering by Escola Nacional de Engenharia da Universidade do Brasil (1958), Masters' degree in Geotechnical Engineering from University of California - Berkeley (1969) and PhD in Geotechnical Engineering from University of California - Berkeley (1976). He participated in the creation of the Geotechnical Institute of the city of Rio de Janeiro in 1966. During his teaching as a professor at COPPE - Federal University of Rio de Janeiro (UFRJ), from 1967 to 2007, he supervised over 50 Masters' theses and 18 PhD dissertations. He has over 150 published papers in journals and academic congress publications. He is currently a collaborating professor at COPPE - Federal University of Rio de Janeiro (UFRJ). He has experience in Civil Engineering, with emphasis in slope stability, mainly acting on the following matters: embankments on soft clay, earth dams, landslides, slope stability, collapsible soils, soil mechanics and tropical soils. He was President at Brazilian Association of Soil Mechanics and Geotechnical Engineering (ABMS) from 1996 to 2000, where he currently is a partner and permanent member of the Board of Directors. Former president of JTC1 - Joint Technical Committee on Landslides and Engineered Slopes, of the following three international societies: ISSMGE, ISRM and IAEG - from 2006 to 2010, where he currently stands as one of its core members. He received the title of Emeritus professor of UFRJ in October, 2010. He was nominated for the National Academy of Engineering in Brazil (ANE) in 2012. He was nominated as Eminent Professor by Escola Politécnica of UFRJ in 2015. He is the coordinator of INCT - Geotechnical Institute for Rehabilitation of Slopes and Plains - REAGEO since 2008.

Alberto Fabrini (external independent member) - Over 30 years of managerial experience in complex business units in the industrial and mining sectors. Former Chairperson of the Board of the Brazilian Aluminum Association (ABAL) and board member of the Brazilian Mining Institute (IBRAM). For 9 years, Alberto held various positions as Executive Director of alumina, primary aluminum and bauxite operations at Norsk Hydro. There, he served, from 2013 to 2016, as Global Vice President. Previously, he worked for 22 years at Alcoa. At this company, from 2005 to 2007, he held the position of Managing Director of the Jamaican Unit, as well as the position of Refinery Director at Alumar, and Industrial Director at Poços de Caldas. Graduated in Mechanic Engineering (1980) from Universidade Presbiteriana Mackenzie, specializing in environmental management at York University Canada and a training in global management at the Thunderbird School of Global Management (Canada and United States).

Pedro Repetto (external independent member) – Mr. Repetto is a licensed civil-geotechnical engineer with over 50 years of experience in over 500 projects in 28 countries, including Brazil. Before becoming an independent consultant in 2008, he was Principal and Vice President of URS Corporation in Denver, where he served as Mining Business Line Manager, Office Manager, and Manager of the Engineering Division, the Civil/Geotechnical Group, and the Mining Group. His areas of expertise in the mining industry include tailings storage facilities, heap leach facilities, waste rock dumps, pit slope stability and foundations for mining structures. He has participated in the design and evaluation of dozens of tailings facilities comprising all types of tailings deposition technologies, including conventional slurry, high-density thickened tailings and dry stacking (filtered tailings). Mr. Repetto was a Principal Professor of Geotechnical Engineering at Catholic University of Peru for over 20 years. He served as an expert to the Federal Institute for Geosciences and Natural Resources of Germany for the organization and teaching of continuing education courses on mining wastes, including tailings. He has served as a Principal Investigator or co-Principal Investigator for three National Science Foundation-sponsored earthquake engineering research projects.


Learn more about the Extraordinary Independent Consulting Committees