Ricardo Goncalves, president of Parmalat’s main Brazilian operating unit, is to submit his resignation this week following the appointment of an administrator to run the company.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Parmalat Brasil Industria de Alimentos said a Sao Paulo judge had appointed Keyler Carvalho Rocha, a former director of Central Bank, to run the Brazilian subsidiary of troubled Italian food group Parmalat, reported Reuters.


Parmalat Brasil’s press office said Goncalves was informed of the appointment and plans to submit his resignation today [Thursday].


The Brazilian company has been struggling to avoid collapse since the emergence of a multibillion-euro accounting scandal at its Italian parent.


Brazil’s Central Bank said this week that it is investigating the illegal transfer of hundreds of millions of dollars by Parmalat to and from Brazil between 1997 and 1999.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now