BRAZIL: JBS appoints Hasson as Vigor CFO
By Katy Askew | 3 April 2012
JBS has appointed Mauricio Hasson as the chief financial officer of its Vigor Alimentos unit in preparation for the planned spin-off of the dairy business.
Hasson will report directly to Gilberto Xandó, CEO of Vigor.
For the last six years Maurício has worked at Rothschild, advising and monitoring important mergers and acquisitions, JBS said.
Vigor is in the process of going public and will be listed on the São Paulo Stock Exchange. Under the plan, current JBS shareholders will be given the option to swap their stock for shares in the newly listed Vigor.
Commenting on the appointment, JBS CEO Wesley Batista expressed his confidence in Vigor's management team.
"Vigor has a fully professionalised management, comprising a team of the highest level and a board of directors formed predominantly by independent and highly qualified members. I am certain that along with Xandó and other members of the team, Maurício will add value to the performance and growth of Vigor over the coming years," he said.
Sectors: Dairy, Meat & poultry
Companies: JBS
View next/previous articles
3 Apr 2012 -
Currently reading -
BRAZIL: JBS appoints Hasson as Vigor CFO
3 Apr 2012 -
Related research
Savory Spreads Market in Latin America to 2014 (Spreads)
Savory Spreads Market in Latin America to 2014 (Spreads) is a comprehensive resource for savory spreads market data from 2004 to 2014 and market/company shares for 2008-09.This report also provides data on expenditure and consumption as well as key d...
Savory Spreads Market in Brazil to 2014 (Spreads)
Savory Spreads Market in Brazil to 2014 (Spreads) is a comprehensive resource for savory spreads market data from 2004 to 2014 and market/company shares for 2008-09.This report also provides data on expenditure and consumption as well as key distribu...
According to Euromonitor International’s estimates, the per capita consumption of eggs is around 7kg, very low compared to countries such as the US, China and France, where the per capita consumption is 14kg, 20kg and 15kg, respectively. As a result,...
Related articles
ARGENTINA: JBS appoints Kahl president Argentina unit
Brazil-based meat processor JBS has appointed Gustavo Kahl as the president of its Argentinian operations.
AUS: JBS to close loss-making King Island facility
Brazil-based meat processor JBS is to close its loss-making King Island processing facility in Australia, placing around 70 jobs at risk.
BRAZIL: Meat giant JBS books H1 profit
Brazil-based meat processor JBS has reported a first-half profit of over BRL285m (US$140.6m), swinging from a loss of BRL34m a year earlier.
There are currently no comments on this article
Be the first to comment on this article