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Vale informs on the CIAEA

Vale informs that the Board of Directors, with the support of the international consulting company Korn Ferry, decided to change the composition of the Extraordinary Independent Consulting Committee for Investigation (CIAEA), appointing Manuel Martins, in replacement of Jean-Pierre Paul Rémy.

The Board of Directors is thankful for Jean-Pierre Paul Rémy for the excellent work and differentiated views on the structuring of the CIAEA and wishes Manuel Martins good luck in his work with the Committee.

Therefore, the CIAEA shall have the following composition:
Dr. 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 (external independent member) - 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.


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