The Board of Directors is responsible for the determining policies and guidelines to the Company’s business, as well as responsible of determing, supervising and monitoring the activities of the Executive Officers, choosing independent auditors and implementing and supervising internal audits.
Currently, the Board of Directors is composed by the following members:
|Eugênio Pacelli Mattar||Chairman|
|Luis Fernando Memoria Porto||Vice-Chairman|
|Sérgio Augusto Guerra de Resende||Member|
|Paulo Antunes Veras||Lead Independent Member|
|Adriana Waltrick dos Santos||Independent Member|
|Artur Noemio Grynbaum||Independent Member|
|Maria Letícia de Freitas Costa||Independent Member|
|Pedro de Godoy Bueno||Independent Member|
We set out below a summary of the professional experience, specializations and main external commercial interests of the current members of the Board of Directors.
Eugênio Pacelli Mattar. Mr. Eugênio Mattar is one of the founding partners of Localiza Rent a Car SA, he graduated in Civil Engineering from the Federal University of Minas Gerais in 1975, where he also did a postgraduate degree in Economic Engineering in 1976 and participated in the Advanced Management Program of INSEAD. In addition to being Chairman of the Board of Directors, a member of the Governance and Nominating Committee of Localiza Rent a Car SA and Chair of the Board of Directors of Localiza Fleet SA, Mr. Eugênio Mattar acts as: Director of Locapar Participações e Administração Ltda.; managing partner of EM Participações e Administração Ltda .; partner of Mattar Participações Ltda.; shareholder and member of the Board of Directors of OMNI Táxi Áereo; indirect shareholder and member of the Board of Directors of Pottencial Seguradora S.A.; indirect shareholder and member of the Board of Directors of Toro Investimentos S.A.; indirect shareholder of Finlândia Corretora de Seguros Ltda.; managing partner of EPMI Administração de Imóveis Ltda.; and partner of MXM Holdings Ltda.. One of the founders of the Movimento Bem Maior, an organization that seeks to expand investment in philanthropy in Brazil, Eugênio argues that attitudes that transform and improve people’s lives matter for a more egalitarian society. He invests his own resources and takes the time to share his experience and help train entrepreneurs. He accumulates in his curriculum the role of president in Minas Gerais of the Directing Council of Junior Achievement, a global institution that takes entrepreneurship to public schools, and is one of the leaders of Estímulo 2020 in Brazil, a financial support program for small and medium entrepreneurs affected by coronavirus pandemic. At Localiza, in addition to his current duties, he was Vice President and Executive Director.
Luis Fernando Memoria Porto. Mr. Luis Fernando graduated in business administration at FUMEC University and did his specialization in Business at Dom Cabral Foundation. Luis Fernando Memória Porto, in 1993 and at the age of 22, was one of the founding partners of Companhia de Locação das Américas. Additionally, he is one of the founding partners of Via Jap Comércio de Veículos Ltda., the 2nd largest car dealership of Mitsubishi brand in Brazil, founded in 2003, of Via Natsu Comércio de Veículos Ltda., a car dealership of Suzuki brand, founded in 2008, of Via Trucks Comércio de Caminhões Ltda., a truck dealership, founded in 2013, and member of the Board of Directors of BM Rio, a car and motorcycle dealership of BMW and Mini Cooper brand, founded in 2020. In addition to his work in the automotive and mobility sector, he is also an Advisory Board Member of Instituto Mano Down, a non-profit institution that promotes the inclusion and autonomy of people with Down syndrome and other disabilities.
Sérgio Augusto Guerra de Resende. Mr. Sérgio Augusto Guerra de Resende has extensive experience in the automotive industry, having worked in this sector for more than 30 years. At the age of 19 he founded his first company (AutoHouse), together with his partner Luis Fernando Porto, being responsible for the sale of more than 60,000 cars between 1995 and 2005. His first experience in the car rental market was in 1997, when he invested in the company Locarvel Locadora de Veículos Ltda. In 2004, he founded his first dealership and today acts as CEO of the following companies: Via Jap Comércio de Veículos Ltda., Mitsubishi dealership in Belo Horizonte/MG, Via Natsu Comércio de Veículos Ltda., Suzuki dealership in Belo Horizonte/MG and Via Trucks Comércio de Caminhões Ltda., DAF dealership in Contagem/MG, Guarulhos/SP and São Bernardo do Campo/SP. In 2022, he acquired a stake in BM Rio, a BMW/Mini Cooper dealership in Rio de Janeiro/RJ. Besides the car/truck segment, buying, selling, leasing and mobility, Sergio also invests in the Agribusiness sector and real estate since 2010. He is a member of the board of directors of Companhia de Locações das Américas and Unidas S.A. In 2002, he was considered the greatest car dealer in Brazil for his work at Grupo Auto-House. Sérgio has always been among the 5 most awarded dealers of the brands he works with.
Paulo Antunes Veras. Mr. Paulo Veras is passionate about technology and entrepreneurship, an investor in startups and a member of the board of Localiza and Boticário. He was founder and CEO of 99. He was director and advisor of Endeavor, an NGO that promotes high-impact entrepreneurship. He is a Mechatronics Engineer from Poli-USP and an MBA from INSEAD. He has founded six digital startups since 1995. He has written 2 books, “Unicórnio Verde-Amarelo” (2020) and “Por dentro da bolha” (2004).
Adriana Waltrick dos Santos. Ms. Adriana Waltrick holds a bachelor’s degree in business administration from Unisinos, and a graduate degree from UFRS, in addition to holding an MBA from Massachusetts Institute of Technology. Ms. Adriana Waltrick also has post graduate degrees in Data Science from the University of California, Berkeley, Corporative Governance and Negotiation from Harvard, and Finances from the Amsterdam Institute of Finance. From 2001 to 2012 she was the Head of Strategy and Vice-President of Business Development in CPFL Energia. Currently Ms. Adriana Waltrick is the CEO of SPIC Brasil, UHE São Simão and Pacific Hydro Brasil while also sitting in the Board of Directors for CBO, SLC Agrícola, Gás Natural Açúcar e Geradora Solar Panati-Marangatu.
Artur Noemio Grynbaum. Mr. Artur Noemio holds degrees for Business and Economics from FAE, in addition has an MBA in Finance from IBMEC. Was one of the founders of the Institute for Retail Development and from 2008 to 2021 acted as CEO of the Boticário Group. Currently, Mr. Artur Noemio is the Vice President of Boticário’s Group Board of Directors, President of the Boticário Group foundation for nature protection and President of the deliberative council for the Brazilian Association of the Personal Hygiene, Perfumery and Cosmetics Industry.
Maria Letícia de Freitas Costa. Ms. Maria Letícia has a degree in Production Engineering from the Polytechnic School of the University of São Paulo and obtained her MBA from the Johnson School of Cornell University. From 1994 to 2010, she was Vice-President of Booz & Company (today Strategy &), having been President of the operation in Brazil from 2001 to 2010. She was a member of the Board of Directors of Sadia S.A.; Gafisa and TECHNIP. She served as a member of the Audit Committee of Votorantim Industrial, Votorantim Metais and Companhia Brasileira de Alumínio. At Votorantim Cimentos, she served as a member of the Audit Committee and as Coordinator of the Strategy Committee. She was Coordinator of the Strategy Research Center and Director of Postgraduate studies at Insper. She also served as: Director responsible for strategic and organizational planning at the Association of Automotive Engineers; member of Marcopolo’s Board of Directors and strategy committee; member of Bematech’s Board Strategy Committee. She is currently an Advisor and member of Embraer’s Strategy and People Management Committee; partner of Prada Assessoria, a company dedicated to business consultancy; member of the Board of Directors and Coordinator of the Strategy Committee of Totvs S.A.; and member of the Board of Directors of Mapfre S.A., a company in the insurance industry, in Spain and Brazil. At Localiza, she serves as Vice-Chairman of the Board of Directors, is the Coordinator of the Audit, Risk Management and Compliance Committee and a member of the Governance and Nominating Committee. In addition to these, she served until 2018, as a member of the People Management and Strategy Committee of the Company.
Pedro de Godoy Bueno. Mr. Pedro Bueno is Chief Executive Officer of DASA/Ímpar, brazillian leader in diagnostic medicine and hospitals, founder and Managing Partner of DNA Capital, an investment managemet company focused in Healthcare. He started his career in investment banking, with a two-year period at BTG Pactual, working on several merger and acquisition transactions. In 2012, he joined Amil and participated in the sale of the company to United Health Group, which was to that date the largest investment made by an American company in Brazil. One year later, Mr. Pedro Bueno founded DNA Capital and in 2015 he assumed the position of Chief Executive Officer of DASA. In addition to being an independent member of the Board of Directors of Localiza, he is also a member of the people and compensation committee. Mr. Pedro Bueno graduated in Economics from PUC-RJ.
|Committee subordinated to the Board of Directors|
|Audit, Risk and Compliance Committee|
|Composed of 4 independent members, the Audit Committee is responsible for supervising the work of the independent auditors, evaluating their performance, evaluating the quality of the financial reports and reports, the accounting principles used and evaluating the effectiveness and the adequacy of the internal control structure.|
|Maria Letícia de Freitas Costa||Coordinator|
|Adriana Waltrick dos Santos|
|Sérgio Augusto Guerra de Resende|
|Estela Maris Vieira de Souza|
|Personnel Management and Compensation Committee|
|The Personnel Management Committee has the responsibility to propose to the Board of Directors the remuneration, performance evaluation, profit sharing program and stock option program, in addition to the general personnel management policies. The Committee is composed of 4 independent members.|
|Paulo Antunes Veras||Coordinator|
|Luis Fernando Memoria Porto|
|Artur Noemio Grynbaum|
|Renata Sawchuk Moura|
|Governance and Sustainability Committee|
|It is responsible for promoting and monitoring the adoption of good corporate governance practices and the Company’s strategy regarding ESG issues.|
|Pedro de Godoy Bueno||Coordinator|
|Eugênio Pacelli Mattar|
|Artur Noemio Grynbaum|
|Oscar de Paula Bernardes|
|Committee subordinated to the CEO|
|The Integrity Committee is responsible for ensuring that the Company’s ethical premises and values are respected and for its continuous propagation, ensuring that they are strictly complied with and is composed of 5 members.|
|Suzana Fagundes Ribeiro de Oliveira||Coordinator|
|Daniel Guerra Linhares|
|Eugenia Maria Rafael de Oliveira|
|João Hilário de Ávila Valgas Filho|
|Ludmila Almeida Linhares|
|The Sustainability Committee is operationally subordinated to the Company’s Chief Executive Officer, reporting to the Company’s Board of Directors. The Sustainability Committee is responsible for identifying, addressing, monitoring and addressing issues involving sustainability that represent risks or may have a significant impact on business, long-term results, or relationships with customers and employees, and the Company’s image.|
|Daniel Guerra Linhares||Coordinator|
|Emerson Ferreira Gomes|
|Committee subordinated to the Financial and Investor Relations Officer|
|Comprised of up to 15 members, the Disclosure Committee is responsible for reviewing the minutes of the documents and information of an economic and financial nature, which are required to be sent to the Brazilian Securities Commission in order to ensure that the financial information disclosed to the market by the Company are correct, complete and timely.|
|Rodrigo Tavares Gonçalves de Sousa||Coordinator|
|Bruno Sebastian Lasansky|
|Elvio Lupo Neto|
|Flávio Mergener Salles|
|João Hilário De Ávila Valgas Filho|
|Nora Mascarenhas Lanari|
The Executive Board will be made up of, at least, four (4) and, at most, twelve (12) Officers, all of which residing in the Country, and elected by the Board of Directors. Of the Officers, one shall receive the designation of CEO, another one will receive the designation of CFO and Investor Relations Officer, one of them may receive the designation of Vice-Chief Executive Officer and the other ones will receive the designation of Executive Officers.
|Bruno Sebastian Lasansky||Chief Executive Officer|
|Rodrigo Tavares Gonçalves de Sousa||Chief Financial Officer and Investor Relations Officer|
|João Hilário De Ávila Valgas Filho||Chief Operating Officer|
|Elvio Lupo Neto||Executive Director of Car Rental|
|Breno Davis Campolina||Executive Director of Fleet Rental|
|Flávio Mergener Salles||Executive Director of Seminovos|
|Carlos Horácio Sarquis||Executive Director of Internalization, Mkt. and Franchising|
|Marco Túlio de Carvalho Oliveira||Executive Director of M&A and Heavy Vehicles|
|Dirley Pingnatti Ricci||Executive Director of Assets Purchase|
|André Luiz Lopes Petenussi||Chief Technology Officer|
|Daniel Guerra Linhares||People Executive Director|
|Suzana Fagundes Ribeiro de Oliveira||Chief Legal Officer|
We set out below a summary of the professional experience, specializations and main external commercial interests of the current officers.
Bruno Sebastian Lasansky. Mr. Bruno Lasansky holds a degree in Industrial Engineering from the Instituto Tecnológico de Buenos Aires and obtained his MBA from the Wharton School in the USA. He has been in Localiza for 7 years. From 2014 to 2016, he led, as an external consultant, important initiatives for strategic definition, operational excellence and innovation of the company. From 2016, he became an integral part of the Company’s executive body, initially as Executive Director of the Car Rental Division and then as Chief Operating Officer (COO), currently he is Chief Executive Officer (CEO) of Localiza Rent a Car S.A.. Mr. Bruno Lasansky is also a member of the Deliberative Council of the Localiza Institute. Prior to Localiza, he was a partner at Bain & Company, working on operational improvement, strategy and M&A projects for national and international groups.
Rodrigo Tavares Gonçalves de Sousa. Mr. Rodrigo graduated in Civil Engineering in 2001 from UFMG and holds an MBA from Columbia University in 2006. Mr. Rodrigo worked at strategy consulting firms Booz Allen Hamilton and Mckinsey&Company in Brazil and abroad and was Director of new business for the Private Equity Patria fund. He is currently Executive Director for car purchase and pricing for used cars, CFO and Investor Relations Officer of the Company.
Joao Hilario de Avila Valgas Filho. Mr. João Ávila graduated in Mechatronic Engineering in 1999, holds a master’s degree in Computer Science with specialized in robotics from UFMG and Post Graduate Degree in Management from Fundação Dom Cabral. Prior to joining Localiza, he worked for Bain & Company, a strategic consulting firm with operations in Brazil and abroad and was Head of Strategic Planning for the Arcelor Mittal Group for South America. He currently serves as Chief Operating Officer of all Localiza Rent a Car S.A. business units and as a member of the Board of Directors of Localiza Fleet S.A.
Elvio Lupo Neto. Mr. Elvio Lupo holds a degree in Naval Engineering from the University of São Paulo in 2004 and obtained his MBA from the Kellogg School of Management in 2009. Prior to joining Localiza, he worked for The Boston Consulting Group (2005 to 2010) and Rodobens (2010 to 2018), where he was the General Manager of Automotive Retail. Mr. Elvio Lupo is Managing Director of Localiza’s Car Rental division, having joined the Company in 2018.
Breno Davis Campolina. Mr. Breno Campolina holds a degree in Business Administration from the Federal University of Minas Gerais, a postgraduate degree in Business Management and an Executive MBA from FDC. He has more than 15 years of career in governance, management of cross-functional teams, projects, change management and strategic planning with a focus on growth and profitability, being a key player in the growth of companies such as Maquira Dental Products and Geneseas Aquacultura.
Flávio Mergener Salles.Mr. Flávio Mergener Salles is a business administrator, postgraduate in management applied to retail, and holds an MBA in Marketing and an MBA in Management from FGV. Mr. Flávio Mergener Salles has experience in business management in the retail segments (Via Varejo, Lojas Americanas and Mesbla), Technology (Motorola and Tyco/Sensormatic, BTX Digital) and in Telecommunications (BCP, Claro, Oi and Telemar), with knowledge of the consumer/B2C and B2B market. He has experience in the implementation of business models and startups, in sales management and operation, as well as in the development and implementation of strategies, restructuring, prospecting, new businesses and markets, and has expertise in the integration of sales channels (on and offline ), transforming innovation and technology into competitive advantages.
Carlos Horácio Sarquis. Mr. Carlos Sarquis graduated in Business from the Universidade Católica of Argentina, in addition to having a Masters in Finance from CEMA, Argentina. Acted as Investment Banker for the Chase Manhattan Bank, consultant at McKinsey&Co. and became a partner at LID Group. Also acted in Itaú Unibanco as a Head of Retail of Redecard and as CEO in the JV with the Sonae Group, and as Head of Rent a Car and Marketing for Locamerica. From 2015 to 2016 was the CEO for Grand Cru and from 2016 to 2018 the CEO of Locamerica Rent a Car. Since 2022 Mr. Carlos Sarquis acts as Executive Officer for Marketing, International and Franchising at Localiza.
Marco Túlio de Carvalho Oliveira. Mr. Marco Oliveira holds a bachelor’s degree in Actuarial Sciences from the Pontifícia Universidade Católica of Minas Gerais and a graduate degree in Statistics from UFMG. Mr. Marco Oliveira works in the field of car rental since 2012, firstly for Locamerica, leading the FP&A, Treasury and Pricing areas, and acting as CFO and Investor Relations Officer from 2016 to 2022. Previously, worked in the industry, pension fund Entity, and financial institutions. Currently, Mr. Marco Oliveira is the Executive Officer for M&A and Heavy Vehicles at Localiza.
Dirley Pingnatti Ricci. Mr. Dirley Ricci graduted in Business Administration from the State University of Maringá. Was the founder and CEO of Ricci Rentals from 1993 to 2017. Acted as commercial VP and Head of Asset Management at Locamerica. Currently, Mr. Dirley Ricci is the Executive Officer for Assets Purchase at Localiza.
André Luiz Lopes Petenussi. Mr. André Petenussi holds a degree in Electrical Engineering from Universidade Católica de Santos in 2002 and began his professional career in Submarino, a pioneer in the Brazilian e-commerce market. He has accumulated 15 years of experience in the national e-commerce market, both in startups such as Oppa and Kanlo, as well as in executive positions at B2W Digital and Walmart, as well as being CTO of the Netshoes Group where he left in 2019 to take over the Localiza Technology.
Daniel Guerra Linhares. Mr. Daniel Linhares holds a bachelor’s degree in Business Administration from UFMG (2004) and graduate degrees from Fundação Dom Cabral (2006) and Fundação Getúlio Vargas (2009), where he pursued the international module in Irvine. He started his career in Vale where he worked for 5 years (2002 to 2007) and later took charge of the Management Department of CEMAR, Equatorial Group where he worked from 2007 to 2011. He later joined the Private Equity team of Vinci Partners as main responsible for the People and Management model of the Fund’s investments (2011 to 2013), before becoming a Director. Since 2017 he has served as the Company’s Chief People Management Officer.
Suzana Fagundes Ribeiro de Oliveira. Ms. Suzana Fagundes graduated in law from the Pontifical Catholic University of Minas Gerais. She has a postgraduate degree in business law and economics from Fundação Getúlio Vargas, has L.LM from Northwestern University School of Law (USA) and a postgraduate degree in business administration from JL Kellogg Graduate School of Management (USA), in addition to executive extension courses by Fundação Dom Cabral, Insead (France), among others. Ms. Suzana Fagundes was vice president of HR, Legal, Institutional Relations, Sustainability & Compliance at ArcelorMittal Brasil, where she worked for 13 years, having also worked in top national and North American offices. Currently, she is also an advisor to the Brazilian chapter of Transparency International, she participates in the coordinating committee of the Minas Gerais chapter of IBGC, she is an Abrasca advisor and a member of W.I.L.L. – Women in Leadership in Latin America, of which she is also founder. In 2019, she joined the Company to take over the Legal area.
Currently, the Fiscal Council is composed by the following members:
|Marcia Fragoso Soares||Effective member|
|Roberto Frota Decourt||Alternate member|
|Carla Alessandra Trematore||Effective member|
|Juliano Lima Pinheiro||Alternate member|
|Antônio de Pádua Soares Pelicarpo||Effective member|
|Guilherme Bottrel Pereira Tostes||Alternate member|