GPA verifies the request from the manager for the new council election
Oh GPAThe owner Sugar bread And from Excess. This proposal maintains the number of college’s nine chairs.
This information was ATED by the insight on Friday 28th. The manager focuses on the participation of businessman Nelson Tanare at the retailer. If the derivatives are considered a 5.7% piece of location and stock, the trustee has 10% of the GPA.
The GPA said the age would be summoned in the legal deadline. There is a current term until the current college 2026.
Through this proposal, the company’s reference shareholder Ronaldo Ibrudi will be re -appointed and elected as president of the body, Occupied today Renan Bergman. Christof Hiddalgo and other reference shareholder, connected to the casino, is also placed in the council and the deputy, today is located by Ibrudi.
In addition to them, only the current CEO DO GPA, Marcelo PimentelPlaced on the board.
Due to the size of the participation, he can nominate two names to the council and get support Social capital is still from other shareholders such as the casino, which is still over 22%, and Ibrudi, 5.4% of the retailers.
The remaining six members will be replaced by Helen Esther Bitton; Toasts of Rodrigo Solon de Pontes; Pedro de Mores Borba; Lebanon Miranda Barrowo; Eliana Ambrasio Chimenti; And Sebastian Dario Los – Everyone pointed out the manager independently.
But some of these names are closely related to shareholders such as Esther Bitton, the director of M&S in the casino group. Rodrigo Tostess Solon de Pontes is the CFO of Light, the company himself.
In his letter, the trustee stated, “It is a significant change in the general direction of the social business, maintaining the operations and business plan of the company that are connected to the guidelines followed by the current administration.”
But this represents the need to increase the value and returns to shareholders with cost reduction and efficiency gains. According to the manager, the focus should be focused on the basic columns, which are: reducing the level of TED, solving potential sudden conditions and reducing costs and costs.
In the fourth quarter, the company’s leverage reached 1.6x against the 5.0x level in the same period last year.
The company has also reported growth in the EBITDA, which runs through unnecessary assets – Kaiksa has received 9 1.9 billion reinforcement in the last 18 months, with alienations such as headquarters and gas stations. In addition, there are still R $ 700 million.
In your basket: the re -creation of the supermarket in GPA
