Cleveland-Cliffs Inc. appointed Celso L. Goncalves Jr. as President and Chief Financial Officer, effective July 21, 2026. Lourenco Goncalves will remain as Chairman and CEO, but will no longer hold the title of President. Celso Goncalves's annual base salary was increased to $1,000,000 from $800,000. Cleveland-Cliffs Inc. is a steel producer and mining company.