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Carrabba named Cleveland Cliff's top officer

Iron ore supplier Cleveland-Cliffs, Inc. has a new chairman of the board. Joseph Carrabba, Cleveland-Cliffs president and chief executive officer, replaces John Brinzo. Brinzo retired as chairman of the board Tuesday. "It has been my pleasure and...

Iron ore supplier Cleveland-Cliffs, Inc. has a new chairman of the board.

Joseph Carrabba, Cleveland-Cliffs president and chief executive officer, replaces John Brinzo.

Brinzo retired as chairman of the board Tuesday.

"It has been my pleasure and privilege to be a part of the Cliffs family for the past 39 years," said Brinzo, a former president and chief executive officer, said in a news release. "As I step down as chairman today, I do so with complete confidence that our company's assets and resources are in very capable hands."

The company also announced that David Gunning retired as a director on the board. Cleveland-Cliffs operates six iron ore mines in North America, including Hibbing Taconite, Northshore Mining Co., and United Taconite.

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