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CEO Resigns at Brazilian Mining Company MMX Company, Controlled by Eike Batista, Is Facing a Cash Squeeze and Trying to Stay Afloat

Bonjour Kwon 2014. 8. 30. 22:58

Aug. 29, 2014

SÃO PAULO—The chief executive officer of Brazilian mining company MMX Mineração e Metálicos SA, controlled by businessman Eike Batista, stepped down from his post as the company faces a cash squeeze and is trying to find partners or sell assets to stay afloat.

 

Carlos Roberto de Castro Gonzalez resigned as CEO and investor relations officer, the company said in a statement late Thursday. Mr. Gonzalez will be replaced by Ricardo...