Thomson Reuters
Oct 25 (Reuters) - Cliffs Natural Resources Inc said
on Friday it has chosen former Barrick Gold Corp
executive Gary Halverson as its next chief executive.
Cliffs said Halverson will become president and chief
operating officer effective Nov. 18, reporting to the company's
executive chairman.
"This will provide Mr. Halverson the opportunity to build a
deep understanding of the business at an operating level before
assuming the CEO leadership position," the company said in a
statement.
Cliffs said in July that Chief Executive Joseph Carrabba
would retire by the end of the year, and on Friday it said he
will step down effective Nov. 15.