Management & Boards

Board of Directors

Name Position Election Date
Fernando Antonio Simões Chairman of the Board of Directors 2018
Mr. Simões has been working since 1981 at JSL S.A. He has been the CEO and a member of the board of directors of JSL since 2009. Mr. Simões is currently the CEO and a member of the board of directors of Simpar S.A.
Adalberto Calil Member of the Board of Directors 2018
Mr. Calil holds a law degree from Pontifícia Universidade Católica de São Paulo (PUC-SP) (1973). He served as a legal advisor and consultant for companies and economic groups in different segments, including the chemical, paper, forest, transport and logistics, ceramic, metallurgy, port and hospital segments. Mr. Calil is a founding member of Radi, Calil e Associados, a law firm established in 1974 that specializes primarily in corporate and tax law. Currently, Mr. Calil is the president of the board of directors of JSL S.A. and a member of our board of directors.
João Batista de Almeida Member of the Board of Directors 2018
Mr. Almeida holds a law degree. He has 37 years of experience in business administration in the forest and logistics segment. Mr. Almeida has been working for 18 years at JSL S.A., which operates in the road transport and logistics sector. Currently, he provides financial advisory services and is a member of the board of directors of Serb - Saneamento e Energia Renovável do Brasil S.A., a company in the landfill segment, controlled by Simpar S.A. Mr. Almeida has been a member of our board of directors since July 2015.
Ricardo Florence dos Santos Independent Member of the Board of Directors 2018
Mr. Florence dos Santos served as CFO of Marfrig Global Foods S.A. from 2013 to 2016 and as Investor Relations Officer from 2007 to 2014. He holds a degree in chemical engineering from Escola Politécnica - USP and in business administration from Universidade Mackenzie. He has an MBA in Strategy and Finance from IBMEC-SP. Mr. Florence dos Santos worked at Grupo Pão de Açúcar for 16 years, from 1984 to 2000, serving in different positions, including strategic planning officer, CFO and investors relations officer. He was also responsible for the investors relations area of UOL Inc. (Grupo Folha de São Paulo), from 2000 to 2001, and Brasil Telecom, from 2005 to 2007. Mr. Florence dos Santos worked on different projects including initial public offerings, mergers and acquisitions and sale of assets in the companies in which he served. He was a member of the board of directors of Grupo Pão de Açúcar, from 1995 to 1999; UOL (Grupo Folha), in 2001; and IBRI - Instituto Brasileiro de Relações com Investidores, from 1998 to 2001, where he also served as CEO, from 2010 to 2013; he was also a member of the advisory board of Dentalcorp S.A., from 2002 to 2006. Since 2014, Mr. Florence dos Santos has been a member of the board of directors of IBRI - Instituto Brasileiro de Relações com Investidores and has a mandate to be in the office until 2017.
Marcelo José Ferreira e Silva Independent Member of the Board of Directors 2018
Mr. Silva holds a bachelor’s degree in economics from Universidade Federal de Pernambuco - UFPE (1972), a bachelor’s degree in accounting sciences from Universidade Católica de Pernambuco - UNICAP and a post graduate degree in finance administration from Fundação de Ensino Superior de Pernambuco - FESP. Mr. Silva began his career in the audit area of Arthur Andersen & Co, from 1971 to 1978. He worked in the finance area of Grupo Bompreco, from 1978 to 2001. Mr. Silva served as superintendent officer at G. BARBOSA in 2002 and at Casas Pernambucanas from 2002 to 2009. From 2009 to 2015, Mr. Silva served as our superintendent (CEO) of Magazine Luiza S.A. He is a member of the Board of Directors of Óticas Carol S.A. and Vice Chairman of the Board of Directors of the companies Magazine Luiza S.A., Indústrias Reunidas Raymundo da Fonte S.A. and Grupo Sílvio Santos.

Board of Executive Officers

Name Position Election Date
Renato Horta Franklin Chief Executive Officer 2016
Mr. Franklin holds an undergraduate degree in business administration and in accounting sciences, and an MBA in Finance from IBMEC. He also has specialization in Business Strategy for human resources Leaders from FDC and INSEAD, in France, and Executive Leadership from IMD (Institute of Management Development) in Switzerland. From 2010 to 2013, Mr. Franklin served as general manager at VALE S.A., a company in the mining sector, in the departments of finance, supply and strategic planning. From 2013 to 2014, he served as head of the supply area of Suzano Papel e Celulose, a company in the paper and pulp industry. Mr. Franklin joined us as executive officer in May 2014 and was elected our CEO in 2015.
Edmar Prado Lopes Neto Chief Financial Officer and Chief Investor Relations Officer 2016
Mr. Lopes Neto holds a degree in civil engineering from UFRJ and has more than 25 years of experience in the financial area. From 2012 and 2016, he served as CFO and investors relations officer of Gol Linhas Aéreas Inteligentes S.A., a company he joined in 2011. Immediately before this period, Mr. Lopes Neto worked at Organizações Globo since 1998, where he served as treasury officer of Net and planning manager of Fundação Roberto Marinho. Mr. Lopes has been the chairman of the Board of Directors of the Brazilian Institute of Investor Relations (Instituto Brasileiro de Relações com Investidores - IBRI) since 2016.
Jamyl Jarrus Júnior Director 2018
Commercial Director since November 2013. Mr. Jarrus Júnior holds a degree in Business Administration from UniCenp, a specialization degree in Finance from FGV, a graduate degree in Contemporary Politics from the Federal University of Paraná and a graduate degree in Political Science from the Brazilian Institute of Graduation and Extension Courses (IBPEX). He has 16 years of experience in the car rental market, 12 of which at Unidas S.A, where he worked as Commercial Director with the rent a car and fleet outsourcing products, and as General Director at Best Fleet (rental of premium fleet).
Maximiliano Fernandes Director 2018
Mr. Maximiliano Fernandes holds a bachelor’s degree in Advertising, a post-graduate in Marketing from ESPM, an MBA in Business Administration from IBMEC and a specialist degree in Strategic Management from HEC Paris. With over 25 years of professional experience in Brazil and abroad, he worked at Nestlé, Marsh & Mc Lennan, ACE Insurance and Edenred, the latter from 2010 to 2013 as Corporate Innovation and New Business Development Director at the company‘s headquarters in France. In 2014, he became a New Business Director at Edenred Germany and, from 2015 to 2018 in Brazil as Strategy and Marketing Director at Ticket Log, a company part of the Edenred group. He joined Movida in March 2018, as an Executive Director.
Flávio Sales Director 2018
Mr. Flávio Sales is graduated in Data Processing by the Braz Cubas School, he has 19 years of experience in Grupo JSL, having held positions in the Logistics Projects department, Logistics Operations Board and the People and Services Executive Board of JSL Logística. He was also responsible for the implementation of SAP in the group companies from 2013 to 2016.

Fiscal Council

Name Election Date
Luiz Augusto Marques Paes 2018
Mr. Paes holds a law degree from Faculdade de Direito of Universidade de São Paulo (USP). He has been providing consulting services for 30 years concerning corporate, tax and financial matters for medium and large companies, notably publicly-held companies. Mr. Paes has been a partner at Almeida Prado, Paes, Caruso e Colauto Consultoria Empresarial Ltda., a consulting firm, since 1991. He also serves as member of the fiscal councils of Suzano Papel e Celulose S.A. (pulp and paper industry) and JSL S.A.
Marcio Alvaro Moreira Caruso 2018
Mr. Caruso holds a bachelor’s and a post graduate degree in business administration from Fundação Getúlio Vargas (EAESP-FGV). From October 1987 to April 1991, he worked as a consultant at Arthur Andersen, an audit firm. Currently, Mr. Caruso is a partner at Almeida Prado, Paes, Caruso e Colauto Consultoria Empresarial Ltda., a consulting firm, which he joined in 1992.
Octávio Ferreira de Magalhães 2018
Holds a bachelor’s degree in business administration from Fundação Armando Álvares Penteado. Founding partner and investments officer of Guepardo Investimentos.

Committees

Finance Committee

The Finance Committee does not have decision making capacity; its responsibility is to support the board of directors in analyzing and deliberating finance related matters.

Ethics and Compliance Committee

The Ethics and Compliance Committee is responsible for the periodic review of our Code of Conduct, policies, trainings and mapping of risks. It reports its findings to our board of directors.

Audit Committee

The objectives of the Audit Committee are to oversee the quality and integrity of financial reports, adherence to legal, statutory and regulatory standards, adequacy of processes related to risk management and the activities of the internal audit and independent auditors.

Sustainability Committee

The purpose of the Committee is to advise the Board of Directors on the fulfillment of its legal duties regarding the sustainability of the business of the Company and its subsidiaries.