CVRD Appoints CEORoger Agnelli has been named chief
executive offer of Rio de Janeiro-based Companhia Vale do Rio
Doce (CVRD), the world's largest producer of iron ore. Agnelli,
previously CVRD's chairman, had been the driving force behind
the company as it sold non-mining assets and unwound a series
of complex cross-shareholdings. He replaces Jório
Dauster as part of the company's restructuring. Agnelli spent
most of his career at Banco Bradesco, Brazil's biggest
private-sector bank, which accumulated a large portfolio of
industrial holdings over the years. The bank spun these assets
into Bradespar, a holding company, and put Agnelli in charge.
CVRD's vice chairman, Luiz Tarquíno Sardinha Ferro, the
president of Brazil's Previ pension fund, which is one of
CVRD's biggest shareholders, takes over as the company's
chairman. Petrobras Makes Executive Changes Petrobras, the
Brazilian oil company, has named João Pinheiro Nogueira
Batista as the company's new chief financial officer....
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