Batista Taps CS Analyst for CEO Post

Batista Taps CS Analyst for CEO Post

People Corporate & Sovereign Strategy

Eike Batista has hired Credit Suisse mining and steel analyst Roger Allan Downey to replace him as CEO of MMX, the Brazilian iron ore miner. Downey will also take over IR duties for the Brazilian iron ore company. Batista relinquishes his CEO title, but will stay on as chairman of the board. Joaquim Martino, MMX’s former executive officer, will become a special advisor of parent EBX Group for mining activities and will continue contributing in deployment and operation of mining projects. He will

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