Leonardo Coelho Pereira was invited to clarify the retail chain’s BRL 40 billion debt
Americanas CEO, Leonardo Coelho Pereira, and economist Sergio Rial, former CEO of the company, confirmed presence at a hearing in the Senate next Tuesday (28.mar.2023). They were invited to speak at the Economic Affairs Commission about the company’s debt, estimated at R$40 billion.
João Pedro Barroso do Nascimento, president of the CVM (Securities and Exchange Commission), also confirmed its presence. Here is the status of the audience guests, until the last update of this report:
- Leonardo Coelho Pereira, CEO of Americanas: confirmed presence;
- Sergio Agapito Lires Rial, former CEO of Americanas: confirmed presence;
- Joao Pedro Barroso do Nascimento, president of CVM: confirmed presence;
- Moacir de Almeida Reis, Director of Operations at fort mines: confirmed presence;
- João Wanderlay de Oliveira Junior, Commercial Director of fort mines: confirmed presence;
- Isaac Sidney Menezes Ferreira, President of February (Brazilian Federation of Banks): awaiting response;
- representative of PWC (Price Waterhouse Coopers): Won’t;
Forte Minas is one of the suppliers affected by the retailer’s crisis. PWC audited Americanas’ numbers and denies responsibility for the company’s financial inconsistencies.
The retail chain indicated, on January 11 of this year, problems in the financial statements of R$ 20 billion. It also informed the departure of Sérgio Rial. On January 13, 2 days later, it declared a debt of R$40 billion.
Last week, Americanas presented its judicial recovery plan. As previously announced, the company’s plan includes a contribution of R$ 10 billion by its main shareholders, entrepreneurs Marcel Telles, Beto Sicupira and Jorge Paulo Lemann.
The retailer postponed the disclosure of financial statements for the year 2022, which was scheduled for March 29. He said he had identified the need to review and evaluate the data. The company also stated that it will call an extraordinary meeting for next Wednesday (29.mar).
The meeting will only be held on April 29 and will analyze data from the audited financial statements and the opinion of the independent auditors for 2022.
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