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Home > Finance > French miner Eramet says temporary CFO suspension not related to CEO ouster

French miner Eramet says temporary CFO suspension not related to CEO ouster

Published by Global Banking & Finance Review®

Posted on February 9, 2026

1 min read

Last updated: February 9, 2026

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Tags:management Appointment financial community financial sector corporate governance

Quick Summary

Eramet has temporarily suspended its CFO, Abel Martins-Alexandre, for an independent investigation, unrelated to CEO Paulo Castellari's recent departure.

Eramet Announces Temporary CFO Suspension Amid CEO Departure

Eramet's Management Changes

PARIS, Feb 9 (Reuters) - French miner Eramet said on Monday it had put in place a temporary management structure to oversee its finance department, after temporary suspension its finance chief, which was not related to the recent departure of its CEO.

CFO Suspension Details

The group said in a statement that Finance Chief Abel Martins-Alexandre has been temporarily suspended from his duties "to allow for the proper conduct of the independent investigation, which has been initiated following a warning from several employees of the finance department concerning the management of the department."

Impact of CEO Departure

The CFO situation is unrelated to the recent departure of Paulo Castellari as Chief Executive, it added.

Upcoming Annual Results

Catellari was dismissed for divergences on operating methods with his board of directors, as indicated in a press release dated February 1, the statement added.

The publication of Eramet's annual results remains scheduled on February 18.

(Reporting by Dominique Vidalon, editing by Inti Landauro)

Key Takeaways

•Eramet suspends CFO Abel Martins-Alexandre temporarily.
•The suspension is unrelated to CEO Paulo Castellari's departure.
•An independent investigation is underway within the finance department.
•CEO Castellari was dismissed due to operational disagreements.
•Eramet's annual results will be published on February 18.

Frequently Asked Questions about French miner Eramet says temporary CFO suspension not related to CEO ouster

1What is a CFO?

A Chief Financial Officer (CFO) is an executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.

2What is an annual report?

An annual report is a comprehensive report on a company's activities throughout the preceding year, intended to give shareholders and other interested people information about the company's performance.

Eramet's Management Changes

CFO Suspension Details

Impact of CEO Departure

The CFO situation is unrelated to the recent departure of Paulo Castellari as Chief Executive, it added.

Upcoming Annual Results

Catellari was dismissed for divergences on operating methods with his board of directors, as indicated in a press release dated February 1, the statement added.

The publication of Eramet's annual results remains scheduled on February 18.

(Reporting by Dominique Vidalon, editing by Inti Landauro)

Key Takeaways

•Eramet suspends CFO Abel Martins-Alexandre temporarily.

•The suspension is unrelated to CEO Paulo Castellari's departure.

•An independent investigation is underway within the finance department.

•CEO Castellari was dismissed due to operational disagreements.

•Eramet's annual results will be published on February 18.

Frequently Asked Questions

1What is a CFO?

A Chief Financial Officer (CFO) is an executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.

2What is an annual report?