Summary : A person walks past in front of the headquarters of Brazil’s power company Eletrobras in Rio de Janeiro, Brazil January 3, 2019. The board of directors of Brazilian power company Eletrobras (ELET6.SA) on Friday elected Wilson Ferreira Junior as its new chief executive and Ivan Monteiro as chairman of the board of directors.
The elections follow shareholders’ appointment of a new board of directors for the newly privatized utility earlier on Friday. Ferreira will take office by Sept. 20, returning to the position after serving as Eletrobras’ CEO from 2016 to 2021.
A person walks past in front of the headquarters of Brazil’s power company Eletrobras in Rio de Janeiro, Brazil January 3, 2019. REUTERS/Pilar OlivaresSAO PAULO, Aug 5 (Reuters) – The board of directors of Brazilian power company Eletrobras (ELET6.SA) on Friday elected Wilson Ferreira Junior as its new chief executive and Ivan Monteiro as chairman of the board of directors.The elections follow shareholders’ appointment of a new board of directors for the newly privatized utility earlier on Friday. read more
Ferreira will take office by Sept. 20, returning to the position after serving as Eletrobras’ CEO from 2016 to 2021.
Monteiro is a former CEO of state oil firm Petrobras.
The leadership changes mark a new beginning for Latin America’s largest utility, after the government cut its stake in the company to 45% from 72% of the voting capital through a 33.68 billion-real ($6.51 billion) privatization share offering. read more
