O novo board da Copasa
Os acionistas da Copasa acabam de eleger um novo conselho e diretoria, consolidando a mudança de comando da empresa após sua privatização pelo Governo de Minas Gerais, concluída em junho. A Equatorial Energia, que se tornou a investidora de referência após a desestatização, com 30% das ações, e a gestora Perfin, que ampliou sua fatia […] The post O novo board da Copasa appeared first on Brazil…
The recent election of a new board and management team at Copasa signifies the consolidation of command following the company's privatization by the State of Minas Gerais in June. With 30% of the shares, Equatorial Energy emerged as the leading investor after privatization, while Perfin expanded its stake to 20%. The Brazilian government now holds a 5% stake and a golden share guaranteeing a seat on the board.
Perfin selected Tinn Amado as the new chairman, representing its group on boards of Sabesp and Echoenergia. Copasa also appointed Leonardo Tavares de Lima as its CFO and CFO, with Felipe Dutra, an analyst at Squadra Investments, joining as a third independent director. Perfin backed maintaining an independent Copasa director, José Formoso, formerly from Claro, and named Ralph Rosenberg and Gustavo Miranda as additional independent directors.
Other independent appointees included Denis Jungerman, a former Credit Suisse investment banker currently with Jubarte Capital, and Bruno Silva, a former Squadra partner specializing in metals and mining, health and telecom sectors. The board comprised Equatorial and Perfin, along with BNDESPar and funds such as Absoluto Partners, Guepardo, Ibiúna and Opportunity.
Equatorial's Augusto Dantas was chosen as CEO, with over 18 years of experience in the company's energy and sanitation operations in Amapá. CFO Adriano Rudek de Moura, previously at Copel during the Parana electric company privatization, retained his position. Former Copasa Director-President Marília Melo was appointed Director of Institutional Relations and Sustainability, while Commercial Director Cleyson Jacomini remained in his role. Operations Director Herbert Arnaud Dantas was appointed.
The company also announced the termination of its agreement with the Minas Gerais government prior to privatization, which had granted the State the power to block decisions on investment programs and dividend policies. The government would receive a fine if the agreement was terminated, calculated based on the difference between the investor's reference bid and the market price during privatization, which amounted to a minimum fine of R$50 million as the bids were priced equally.
Written by urgent.news from Brazil Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
