Chief Executive of CVC Brasil resigns from office

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The company has not yet announced a replacement, but has said the succession process has begun. CVC Brasil store Disclosure The chief executive of CVC Brasil, Leonel Andrade, resigned this Wednesday (24), the tourism group informed in a material fact. CVC, which has not announced a replacement, said the succession process had begun. Andrade had been with the company since April 2020, when he took charge of the group. The resignation comes after former finance and investor relations director Marcelo Kopel also resigned in April. Positions were being accumulated by Andrade. CVC stated that, “in order to ensure the continuity of the company’s operations”, the company’s Board of Directors created a transition committee, to be led by director Sandoval Martins, starting this Thursday (25). The departure of CVC’s two main staff members within a month’s time comes at a time when the company is seeking to restructure its debts, after severe difficulties faced in recent years, in particular because of the Covid-19 pandemic. Eliane Silveira Lapa, current director of corporate governance and compliance, will accumulate the chair of investor relations, according to CVC.

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