PagBank: Luiz Frias leaves board after nine years
O controlador do PagBank, Luiz Frias, está deixando o cargo de chairman depois de nove anos – um movimento que está sendo recebido por analistas como uma evolução na governança da companhia de pagamentos. Frias – que controla o PagBank por meio do UOL com 88,7% do capital votante – será substituído por Judith de […] The post PagBank: Luiz Frias deixa o conselho depois de nove anos appeared first…
Luiz Frias is stepping down as chairman of PagBank, a payment company he controls through UOL with 88.7% of the voting capital, after nine years. He will be replaced by Judith de Brito, a veteran executive with 36 years of experience at Folha group and a member of PagBank's board since 2017. Frias' departure was unexpected, but analysts see it as a positive evolution in the company's governance, with no impact on strategy or control. Eduardo Alcaro will remain as vice-chairman, and Frias will continue as indirect controller.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.