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Latin American Economy & Business - September 2014 (ISSN 1741-7430)
Chile: Scissorhands takes over at Codelco
Nelson Pizarro, nicknamed ‘scissorhands’ for his cost-conscious management of mining projects, took over as the new CEO of Codelco, Chile’s state-owned copper company, on 1 September. Appointed by the board, Pizarro did not conceal that staff and cost reductions may be on the way, although he said he would take two to three months to audit the company’s various mining projects.
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