Eramet suspends finance chief following sudden ouster of chief executive

Eramet suspended its CFO days after firing its CEO. An independent probe is now investigating the finance department as governance concerns hit share prices.

Eramet announced on February 6, 2026, the suspension of its Chief Financial Officer, Abel Martins-Alexandre abel martins alexandre. This decision comes only days after the dismissal of the company’s Chief Executive Officer, Paulo Castellaris paulo castellaris. In response to these leadership changes, chair Christel Bories christel bories stated that she would appoint an independent investigative firm to conduct a review of the Eramet finance department.
The rapid sequence of executive departures has raised governance questions at the miner, which is partly owned by the French state FRFR. These developments occurred alongside a nearly 8% drop in the company’s shares this week. The board is overseeing the situation as the company continues its operations in the nickel, manganese and lithium mining sector, which provides metals of strategic importance.
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