JBS S.A.: José Batista Junior becomes preside...

José Batista Junior becomes president

Michael Weidemann / pixelio.de
São Paulo
São Paulo

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.

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.

Source: JBS S.A.


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