Vale CEO Murilo Ferreira spent six years on the job. "Vale CEO Murilo Ferreira to Step Down in May -- Update," at 9:19 a.m. ET, and "Vale CEO Murilo Ferreira to Step Down in May," at 8:21 a.m. ET, incorrectly stated the incorrect number of years in the second paragraph.

(END) Dow Jones Newswires

February 24, 2017 10:24 ET (15:24 GMT)