Americans choose new president after billionaire hole

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Leonardo Coelho Pereira replaces Sergio Rial, who left the company’s command after the discovery of ‘inconsistencies in accounting entries’ of R$ 20 billion. Facade of an Americanas store. Reuters Americanas announced this Wednesday (15) Leonardo Coelho Pereira as the retailer’s new CEO. The executive was chosen by the company’s board of directors and has already taken office. He replaces former president Sergio Rial, who decided to leave the company’s command after the discovery of “inconsistencies in accounting entries” in the amount of R$ 20 billion, last month. In a relevant fact released on Wednesday night, the company describes Leonardo as an executive with “solid and successful experiences in companies in the retail sector, as well as in a restructuring consulting environment, having held leadership positions in dominant companies in his segments”. He has worked as a partner at Alvarez & Marsal since 2011, in the Restructuring area, with relevant passages in various economic segments, such as retail, sporttainment, agro, Oil&Gas, construction and energy. Before that, he worked for more than 10 years in C-Level positions (CEO and CFO) in multinational companies, both in Brazil and in Germany, Italy, Chile, Argentina and Uruguay.

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