Market Overview

Cliffs Natural Resources Names Paradie CFO, Price Will Retire

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced executive management appointments effective Oct. 1, 2012.  

Joseph Carrabba, Cliffs' chairman, president and chief executive officer, said, "I believe these changes reposition our senior team toward our most critical current and future business requirements. As we transition Cliffs' strategic focus from M&A activities to executing organic growth projects, these executive changes will drive excellence in project execution, ensure operational stability and provide for a more disciplined approach to capital allocation and cost management."

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