March 27, 2017 / 10:11 PM / 5 months ago

Brazilian iron ore miner Vale picks Fabio Schvartsman as new CEO

BRASILIA, March 27 (Reuters) - The board of Brazilian miner Vale elected as chief executive Fabio Schvartsman, who currently heads wood pulp and paper producer Klabin SA , the company said in a securities filing on Monday.

Schvartsman will replace Vale's current CEO Murilo Ferreira. (Reporting by Anthony Boadle; editing by Diane Craft)

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