NEW YORK Joseph
Carrabba, president and chief executive officer of Cliffs
Natural Resources Inc., will retire by the end of this year,
the company said July 9.
James Kirsch, lead
director on Cliffs board, has been elected non-executive
chairman of the board, effectively immediately, replacing
Carrabba as chairman.
Carrabba, who joined
Cliffs from Rio Tinto Plc in 2005 (
amm.com, May 3, 2005), will continue to serve as
president, chief executive officer and a director of the
company until a successor has been elected, when he will step
down from the board.
Brlas has retired as executive vice president and president of
global operations effectively immediately and has left the
produces iron ore and metallurgical coal in North America and
has iron ore mining operations Western Australia.