The Board of Directors, in accordance with the Company’s By Law approved at Extraordinary General Meeting as of April 27th 2021, is composed of a minimum of 6 (six) and a maximum of 8 (eight) members, elected by the General Meeting for a unified term of 2 (two) years, being able to be reelected.
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||Executive Chairman|
|Oscar de Paula Bernardes Neto||Vice-Chairman|
|Irlau Machado Filho||Independent Member|
|Maria Letícia de Freitas Costa||Independent Member|
|Paulo Antunes Veras||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 and Chief Executive Officer of Localiza Rent a Car SA and some of its subsidiaries 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.
Oscar de Paula Bernardes Neto. Mr. Oscar Bernardes graduated in Chemical Engineering from the Federal University of Rio de Janeiro. In addition to being member of the Board of Directors and member of the Governance and Nominating Committee of Localiza, he has already participated as a member of the Company’s Audit and Strategy Committees. In recent years, he has held the following positions: CEO / COO of Bunge International, Senior Consultant to the CEO of Johnson Electric Holdings Limited Hong Kong, member of the advisory boards of Bunge Brasil, Alcoa Brasil and Amyris United States. In addition, he was a member of the following committees: Audit Committee of Cia Suzano Papel e Celulose, Compensation and People Development and Finance Committees of Praxair Inc. United States, Strategy Committee of Marcopolo SA, Management and People and Corporate Governance Committee of Gerdau SA, and the Strategy Committee of Vanguarda SA.. About his experience in Boards of Directors, had participations in the following: member of the Board of Directors of Delphi United States, member of the Board of Cia Suzano Papel e Celulose, member of the Board of Praxair Inc. United States, member of the Board of Johnson Electric Holdings Limited Hong Kong, Vice-Chairman of the Board of Directors of Marcopolo SA, member of the Board of Gerdau SA, and member of the Board of Metalúrgica Gerdau SA.. Currently, he serves as a member of the Board of Directors of OMNI Táxi Aéreo, Vice-Chairman of the Board and Coordinator of the Human Resources Committee of DASA, member of the Board of Directors of VPAR Participações (Grupo Votorantim), member of the Board of Directors, of the People and Audit Committees of Mosaic, and member of the Board of Jalles Machado, becoming Chairman of the Board of Directors in 2021.
Irlau Machado Filho. Mr. Irlau Machado Filho graduated in Business Administration, Economics and Political Science from Augustana College and took extension courses in Managerial Economics, Management Information Systems from the University of South Dakota. Since 2014, Mr. Irlau Machado Filho has held the position of CEO of Grupo Notredame Intermedica. Between 2006 and 2014, he served as CEO of A.C. Camargo Cancer Center and previously held leadership positions at Medial Saúde, Banco Santander and Citibank. In addition to the Board of Directors of Localiza, where he has been active since June 2020, Mr. Irlau Machado Filho is a member of the Board of Directors of Grupo Notredame Intermédica.
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.
Paulo Antunes Veras. Mr. Paulo Veras has a degree in Mechatronics Engineering from the University of São Paulo and obtained an MBA from INSEAD, in France. He was co-founder and CEO of the mobility app 99 and has founded six digital startups since 1995. In addition to being an independent member of the Board of Directors and a member of the Localiza Rent a Car SA Audit, Risk Management and Compliance Committee, Mr. Paulo Veras is a member of the Board of Directors of B2W, an e-commerce company, and a member of the Advisory Board of Grupo Boticário, a company in the cosmetics industry.
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 Management and Compliance Committee|
|Composed of 3 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|
|Oscar de Paula Bernardes Neto|
|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 3 independent members.|
|Irlau Machado Filho||Coordinator|
|Paulo Antunes Veras|
|Renata Sawchuk Moura|
|Governance and Nomination Committee|
|Comprised of 3 members, the Governance Committee has the responsability to actively participate in the construction and development of the Succession Program for the Board of Directors and the Chief Executive Officer, periodically monitoring its evolution.|
|Oscar de Paula Bernardes Neto||Coordinator|
|Eugênio Pacelli Mattar|
|Maria Letícia de Freitas Costa|
|Committee subordinated to the CEO|
|The Conduct 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|
|Fabrício dos Santos de Oliveira|
|João Hilário de Ávila Valgas Filho|
|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|
|Fabrício dos Santos de Oliveira|
|Suzana Fagundes Ribeiro de Oliveira|
|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|
|Alehandra Castro Brant|
|Antônio Hiroyuki Hyodo|
|Bruno Sebastian Lasansky|
|Heros Di Jorge|
|João Alberto Mazzoni Andrade|
|Myrian Buenos Aires Moutinho|
|Nora Mascarenhas Lanari|
|Suzana Fagundes Ribeiro de Oliveira|
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|
|André Luiz Lopes Petenussi||Executive Director of Technology|
|Daniel Guerra Linhares||People Executive Director|
|Elvio Lupo Neto||Executive Director of Car Rental|
|Heros di Jorge||Executive Director of Seminovos|
|João Hilário De Ávila Valgas Filho||Executive Director of Operations|
|Suzana Fagundes Ribeiro de Oliveira||Chief Legal Officer|
|João Alberto Mazoni Andrade||Executive Director of Fleet Rental|
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.
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 Gerra 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.
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.
Heros Di Jorge. Mr. Heros Di Jorge has an Economics and Management bachelor, postgraduate in financial mathematics and has an Executive MBA by Fundação Dom Cabral. Mr. Heros began his career in the Company in 1987 in the Car Rental Sales department in São Paulo. Thereafter, he became a Director in the Car Fleet Sales division and, in 2012 he became Retail Director in the car sales division at Localiza’s headquarters. In July 2016, he took the position of Executive Director.
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..
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.
João Alberto Mazoni Andrade. Mr. João Alberto Mazoni Andrade graduated in Business Administration from the Federal University of Minas Gerais in 1989, holds an MBA from the University of Texas in Austin (1998 to 2000), and participated in a management program at the Kellogg School of Business in 2012. Mr. Andrade started his career as an entrepreneur, being a managing partner in two companies. He joined Roland Berger Strategy Consultants, where worked on several projects, especially in the automotive industry and financial services. In 2004, he started at Localiza Gestão de Frotas as Sales Director, as well as Operations Director, and currently holds the position of Vice President of Localiza Fleet S.A..
The Fiscal Council, in accordance with the Company’s By Law approved at Extraordinary General Meeting as of April 27th 2021, is composed of at least three (3) and at most five (5) members and the same number of alternate members, all residing in Brazil, elected by the General Meeting valid until the first Annual General Meeting after the meeting in which they were elected
Currently, the Fiscal Council is composed by the following members:
|Luiz Carlos Naninni||Effective member|
|Fernando Antônio Lopes Matoso||Alternate member|
|Carla Alessandra Trematore||Effective member|
|Juliano Lima Pinheiro||Alternate member|
|Antônio de Pádua Soares Policarpo||Effective member|
|Marco Antônio Pereira||Alternate member|