Management Briefs – July 5, 2010

Vale S.A. (Vale) reports that Fabio de Oliveira Barbosa is leaving his position as chief financial and investor relations officer to pursue new professional challenges. Subject to board approval at the next meeting, he will be replaced by Guilherme Perboyre Cavalcanti. Cavalcanti has been the global head of corporate finance since September 2005 and is a member of the executive risk management committee. His main professional experiences include serving as a member of the board of Log-In Logística Intermodal S.A. since 2007, a member of the board of Net Serviços de Comunicação from 2002 to 2005, and as treasury director of Globo Comunicações e Participações S.A. He has a Master’s Degree in economics from Pontifícia Universidade Católica in Rio de Janeiro.

Waconia Manufacturing, Waconia, Minn., has added Jim Carlson to its sales and marketing staff. Jim, formerly with CHS Inc., has more than 20 years of experience in the fertilizer and seed industry. He has a B.S. degree from the University of Minnesota and is just finishing a 5-year term as director of the alumni board.

Kemira Oyj reports that Randy Owens, president of Kemira Oil & Mining, will also become the region head for North America. Hannu Melarti, senior vice president, North America, left the company, effective July 1, to pursue career options.