Cliffs Director Quits Citing ‘Bullying’ at Board Meeting
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A director resigned from Cliffs Natural Resources Inc., the U.S. iron ore producer that’s trying to sell its foreign mines, saying management won’t listen to dissenting views.
In his Sept. 4 resignation letter, which was published in a filing late yesterday, Richard K. Riederer said resolutions were presented for approval at a board meeting the week before without input from directors.