Brazilian food group BRF has appointed Claudio Galeazzi as its new CEO.

Galeazzi is a former chief executive at Brazilian retail giant CBD, founded by BRF chairman Abilio Diniz. He will replace the retiring José Antonio Fay, who has been BRF boss since 2008. Fay will work with Galeazzi until the end of the year, the company said in a filing. 

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Galeazzi joins from investment bank BTG Pactual, which he joined as a partner in 2010 after two years at CBD, also known by its trading name of Grupo Pao de Acuar.

His appointment at BFR comes four months after shareholders elected Brazilian tycoon Diniz as BRF’s chairman.

It is understood Jose Eduardo Cabral, BRF’s vice-president for the domestic market, and Wilson Newton de Mello Neto, vice-president of institutional affairs, will also be leaving the company, Bloomberg reported.

See Also:

The management changes come as BRF sets out a strategy to boost “sales productivity” and “optimise” its product portfolio, as well as its performance in areas like logistics.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The board of directors would like to take the opportunity of thanking Mr. Fay for his efficient performance and dedication particularly in implementing one of the largest mergers ever to be concluded in the Brazilian market,” BRF said. “Special thanks should also go to the other executives who will not be staying with the company but who have had a fundamental role in its development.”