JBS S.A. José Batista Junior becomes president
Photo: Michael Weidemann / pixelio.de
São Paulo
fleischwirtschaft.com — BRAZIL, São Paulo. BS S.A. informs its shareholders and the market in general that the Board of Directors decided to appoint José Batista Júnior as interim President and CEO of the Company and also appointed José Batista Sobrinho, a Board member and founder of JBS, as Chairman of the Board.
JJosé Batista Júnior was President of the Company for more than 20 years and is profoundly knowledgeable of all the activities of the Group.
These modifications were conducted in virtue of correspondence received by the Company from Wesley Mendonça Batista and Joesley Mendonç a Batista advising that, in accordance with a decision made by the Judge of the 10th district court of the Federal Capital –Brasilia, Wesley Batista has been temporarily suspended from his functions as President and CEO and as vice chairman of the board and Joesley Batista has been temporarily suspended from his function as chairman of the board of the Company.
These modifications were conducted in virtue of correspondence received by the Company from Wesley Mendonça Batista and Joesley Mendonç a Batista advising that, in accordance with a decision made by the Judge of the 10th district court of the Federal Capital –Brasilia, Wesley Batista has been temporarily suspended from his functions as President and CEO and as vice chairman of the board and Joesley Batista has been temporarily suspended from his function as chairman of the board of the Company.
Both Wesley Batista and Joesley Batista informed the Company that they will appeal against the above mentioned decision. “I take on the role of President of JBS with a commitment to give continuity to the sustainable growth of the Company. JBS has a robust global and reginal business structure, with experienced senior executives and a solid corporate governance”, stated José Batista Júnior. The Company will maintain its shareholders and the market in general informed on any future events.