Benjamin leaves CSN command; Schvartsman is the new CEO
É o fim de uma era na CSN. Benjamin Steinbruch vai deixar a cadeira de CEO após duas décadas. Fábio Schvartsman, o ex-comandante de Vale e Klabin, assume o cargo a partir de amanhã. Mas Benjamin não vai ficar longe: ele reassume a presidência do conselho, cargo que ocupou por 28 anos, entre 1995 e […] The post Benjamin deixa o comando da CSN; Schvartsman é o novo CEO appeared first on Brazil…
Benjamin Steinbruch is stepping down as CEO of CSN after two decades, with Fábio Schvartsman taking over the role. Steinbruch will assume the position of chairman of the board, a role he previously held for 28 years. Schvartsman, a former CEO of Vale and Klabin, was chosen for the position about four months ago, according to Steinbruch.
The change comes as CSN focuses on reducing its debt, which reached 3.5x EBITDA in the second quarter, and selling assets, including potentially CSN Cimentos, which could be valued at around R$ 12 billion.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
