Valid - Board elects new CEO

News

Brazil - 05/05/2015
Board elects new CEO Back

Valid, hereby informs its shareholders and the market in general that, as part of the Company’s management succession process, coordinated by the Board of Directors, Jose Roberto Mauro is leaving his position as the Company’s Global CEO.

Mr. Seigneur d´Albuquerque, new Global CEO.Jose Roberto Mauro has had an impressive career with the Company, which he joined in 1983 as an Industrial Engineer. In the next 32 years, he exercised various management and leadership posts until being elected Global CEO in May 2011, a position he has occupied ever since, being responsible for all our operations in Brazil, Argentina, Spain and the United States, as well as the branches in Colombia and  Mexico. During his tenure, the Company underwent major geographical expansion and recorded growing results, confirmed in 2015.

The new Global CEO is Carlos Affonso Seigneur            d´Albuquerque, currently the Company’s Chief Financial and Investor Relations Officer, a position he has occupied since 2007.

Mr. Seigneur d´Albuquerque joined the Company in 1999 and has a degree in Economics from PUC-RJ, an MBA in Finance from IBMEC-RJ and an Executive MBA from COPPEAD-RJ, as well as specialization in Advanced Business Administration at Harvard Business School. He is fully committed to the organization’s values and his work is underpinned by a long-term vision focused on the culture and development of the business. We are absolutely confident in this transition and that it will result in an increasingly improved Company performance.

We will be announcing the new organizational structure shortly. For the time being, Mr. Seigneur d´Albuquerque will accumulate the positions of CEO, CFO and IRO.

We would like wish Mr. Mauro every success with his new challenges and Mr. Seigneur d´Albuquerque the best of luck in his new responsibilities, which are to lead the Company and continue with its strategy of always offering secure solutions that better meet clients’  needs, constantly striving to give due appreciation to the employees and create value for the shareholders.