Marcelo Botelho will take on as CSP President

The new president brings extensive experience in corporate governance, finance, fiscal control, taxes planning, IT, negotiation, leadership and team building

Executive Marcelo Botelho Rodrigues will take on the presidency of Companhia Siderúrgica do Pecém (CSP), responsible for more than 60% Porto do Pecém exports, in Ceará, Brazil. Cláudio Bastos, current president for the last two and half years, will return to Vale.

Marcelo Botelho holds a bachelor’s degree in Mechanical Engineering from Universidade Federal Fluminense (UFF); a masters degree in Production Engineering (Finance) from the Pontifical Catholic University of Rio de Janeiro and an MBA from COOPEAD – Graduate School of Business at the Federal University of Rio de Janeiro (UFRJ), in addition to courses at MIT (USA) and IMD (Switzerland).

With distinguish experience in the steel industry, he specialized in business management, controllership, corporate governance and finances, fiscal control, taxes planning, IT, negotiation, leadership and team building.

Botelho has over 20 years of experience in multinationals, always working in leading companies in their markets, in the areas of finance & controllership at Vale, Embraer, CPFL, Latasa and in business consulting. For the past four years, he has worked as president & CEO of California Steel Industries (CSI), in the United States.

“Despite being a young company, CSP’s trajectory has proved to be a real success story. Starting with its shareholding structure: Vale, one of the largest mining companies in the world, together with two South Korean steel giants, Dongkuk and Posco, up to its relevant position in sales of steel slabs. After a fast implementation process, a successful start of operations and the permanent search for solutions in the world market, we are convinced of a promising future for CSP, where we will generate cash flow to settle our obligations and to benefit our shareholders. I am grateful to the entire CSP team and to the presidents who preceded me for the excellent results achieved, which would also not be possible without the synergy between CSP and public authorities, private entities and society, represented by communities, federations, academies, unions, NGOs, among others. People’s safety will continue to be priority #1 at CSP. The principles that will guide all acts of my management will be ethics, transparency, objectivity, governance, alignment of vision and teamwork. Environment sustainability and care for the region and its communities are pillars of CSP’s business model”, highlights Marcelo.

Safety legacy and corporate culture
As CSP presidente since February 2018, Cláudio Bastos has contributed to structuring the company’s financial operations, having carried out the renegotiation of the company’s implementation debt. He also contributed to developing the internal corporate culture, valuing employees and their achievements. In addition, he implemented the company’s 2023 Strategic Planning and consolidated safety as the main value of the company, positioning the company among the best safety indexes in the steel market.

Among other actions he led is the broad and humane crisis management in this difficult time of the Covid-19 pandemic, having implemented more than 40 internal and external actions so that the care for people’s lives came first. CSP was able to maintain its level of production and exports with the least possible impact on the company’s results, as a consequence of this contigency plan.

I am very grateful for the opportunity to have led CSP, which is the most important enterprise in Ceará, counting on the intelligence, resilience and sagacity of cearenses and people from different places in Brazil and the world, with diverse experiences and knowledge. I am satisfied with what we have achieved together so far. I sincerely wish Marcelo Botelho success. I am happy with Vale’s invitation for a new and also important challenge in my life”, points out Cláudio.