Cleveland-Cliffs has appointed private-equity executive Ron Bloom to its board of directors, effective immediately.
Bloom, also a labor and political advisor, is the 11th member of Cliffs’ board. Ten are independent advisors, Cliffs said. Bloom is currently a managing partner and vice chair of Brookfield Asset Management’s Private Equity Group.
“We are honored to welcome Ron Bloom to our board of directors,” Lourenco Goncalves, Cliffs’ chairman, president, and CEO, said in a statement on Wednesday.
“Ron’s distinguished career represents the Cleveland-Cliffs culture perfectly, which includes fierce negotiating skills, fighting for the resilience of American manufacturing, and a deep appreciation for organized labor and a thriving middle class,” Goncalves added.
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