MarketsNotableSingle-sourceDeveloping
5.4
Brazilian Judiciary reviews Casas Bahia restructuring; Cemig appoints new leadership
Valor Econômico·BR·3 days ago
Benjamin Steinbruch is stepping down as CEO of Brazilian steelmaker CSN after two decades, with Fábio Schvartsman, former CEO of Vale and Klabin, assuming the role. Steinbruch will remain as board chairman, a position he held for 28 years. The leadership change at a major Brazilian industrial firm could signal strategic shifts, though continuity is suggested by Steinbruch's ongoing board role.