João Pinheiro Nogueira Batista had taken over the company in February 2023 and led the 1st phase of the company's financial restructuring
A Marisa Stores announced this Sunday (Feb 4, 2024) a change in command of the company. João Pinheiro Nogueira Batista, who had assumed the position in February 2023, will leave the position. In his place, he will take over Andrea Menezes, who is part of the company's Board of Directors as an independent member. Here's the complete of the relevant fact (PDF – 131 kB).
The company's statement says that Pinheiro leaves his position as CEO and director of Investor Relations “after the completion of an important stage of the company’s restructuring plan” and that the change in management occurs in compliance with the project outlined by the Company's Board of Directors and Board of Directors.
Pinheiro took over the position after the resignation of 2 of the company's executives at the beginning of 2023, including the CEO, during the phase in which the company was beginning to renegotiate its debts. He is also a member of Braskem's Board of Directors. Last week, he even published on his LinkedIn account that the Maceió tragedy “didn’t exist”.
With the change in command, Marisa's restructuring plan – which resulted in the closure of 88 stores in 2023 and includes the review of the organizational structure and the adjustment of the network's operating model – will now enter “in a new phase and will include, among other vectors, the commercial repositioning of the company”reported.
New CEO, Andrea Menezes has experience as an executive in the financial sector and as a company advisor. She specializes in finance, strategy, ESG and innovation. For the last 4 years, she has held the position of management advisor at Banco Fibra. She was a statutory executive of several financial institutions (with 27 years of experience in the financial sector).
She served for 6 years as CEO of Banco Standard de Investimentos and Standard Bank, as well as a board member. Her career also includes stints at JPMorgan, Banco Cargill, Merrill Lynch and Lehman Brothers Brasil.
The company reported that Roberta Ribeiro Lealcurrent CFO, will now hold the position of director of investor relations.
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