PEOPLE MOVES: AES' Pimenta to join Vale as CFO; Siani to lead business transformation

Brazilian iron ore and base metals producer Vale will have a new chief financial officer from November 1, because current CFO Luciano Siani Pires has been nominated to become the company’s vice president of strategy and business transformation, it said on Tuesday September 21.

Siani has held the role of CFO for nine years. His replacement will be Gustavo Pimenta, currently CFO at United States-based electrical power company AES Corp, who will join Vale as vice president of finances and investor relations, the company added. Vale’s new role in business transformation was first announced in March this year. Siani’s responsibilities will include leading the...

Published

Renato Rostás

September 22, 2021

13:00 GMT

São Paulo