Goncalves leads Cliffs after proxy fight
Aug 07, 2014 | 03:32 PM
| Thorsten Schier
NEW YORK Lourenco Goncalves has been appointed chairman, president and chief executive officer of Cliffs Natural Resources Inc. following a lengthy proxy battle between the iron ore mining company and hedge fund Casablanca Capital LP.
"I am honored by the opportunity to lead Cliffs into its next chapter, with a keen focus on improving performance and restoring shareholder value," Goncalves said in a statement Aug. 7. "Cliffs has a unique position of strength in iron ore in the Great....
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