Summary by Moomoo AI
Vale SA announced a reshuffling of its Audit and Risks Committee on April 15, 2024. The company's Board of Directors has approved the appointment of Mr. Paulo Hartung to the Committee, replacing Mrs. Rachel Maia. Mrs. Vera Marie Inkster will continue to serve as the coordinator, with Mr. Ollie Oliveira remaining a member and acting as the financial expert. The Committee, which is an advisory body to the Board, is tasked with overseeing the integrity of financial reports, compliance with regulations, risk management processes, and the activities of internal and independent auditors. All members of the Committee are independent, ensuring unbiased oversight. Vale SA, headquartered in Rio de Janeiro, Brazil, emphasized that the Committee plays a crucial role in maintaining the company's commitment to high standards of financial reporting and risk management.