Vincent Benoit will assume the newly created position of Executive Vice President, Chief Financial Officer and Corporate Development effective November 1.
Vale reworks agreement with Japan's Mitsui that could breathe new life into $4.4 billion expansion of Moatize mine and railway in Southern African nation.
Key violations in the Och-Ziff case came in mining and oil and gas deals associated with Israeli billionaire Dan Gertler and DRC president Joseph Kabila.