Conselhos e Comitês
The Board of Directors, in accordance with the Company’s By Law approved at Extraordinary General Meeting as of April 29th 2019, 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:
|Oscar de Paula Bernardes Neto||Chairman|
|Eugênio Pacelli Mattar||Member|
|Maria Letícia de Freitas Costa||Member|
|Paulo Antunes Veras||Member|
|Pedro de Godoy Bueno||Member|
|Roberto Antônio Mendes||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.
Oscar de Paula Bernardes Neto. Mr. Bernardes has been an independent member of the Company’s Board since 2007. He previously served as chairman of the advisory board of Telesystem International Wireless (TIW) in Brazil (1999 to 2003) and as CEO of Bunge International (1996 to 1999). Before joining the Bunge Group, he was managing partner of Booz-Allen & Hamilton. He has also been a member of the board of directors of Satipel S.A., RBS Group, Delphi Corporation (USA) and Johnson Electric. In addition to serving as independent Director of Localiza Rent a Car S.A., Mr. Bernardes is: Vice-chairman of the board of directors and member of the Strategy Committee at Marcopolo S/A; Member of the Advisory Board of Davos; Director and member of the Audit Committee of Cia Suzano Papel e Celulose; Member of the Compensation and Personnel Development, and the Finance Committees at Praxair Inc. (USA); Senior Consultant to the CEO of Johnson Electric Holdings Limited; Member of the board of directors of VPar – Votorantim Participações; Member of the Advisory Board of Amyris (USA); Director of OMNI; Vicechairman of the Board and Coordinator of the Human Resources Committee of DASA; Chairman of the Strategy Committee of Vanguarda S/A; Director of Gerdau S/A and of Metalúrgica Gerdau.
José Galló. Mr. Gallo is an independent member of the Board. He has a degree in business dministration from the Getúlio Vargas Foundation’s School of Business Administration (1974), as well as other specialization courses, with emphasis on marketing both in Brazil and overseas. He has served as Chief Executive Officer of Lojas Renner S.A. since March 1999 and member of its board of directors since 1998, having held the position of board chairman between 1999 and 2005 in this chain department store specializing in clothing. He was also a member of the board of directors of Calçados Azaléia S.A. and SLC Agrícola S.A. and of the advisory board of ABN AMRO (Banco Real S.A.). In addition to serving as independente Director of Localiza Rent a Car S.A., Mr. Galló is: Chief Executive Officer of Lojas Renner S.A.; Director of Lojas Renner S.A.; Director of SLC Agrícola S/A.
Eugênio Pacelli Mattar. Mr. Mattar is one of the Company’s founders. He is a member of the Board of Directors and is the Chief Executive Officer of the Company and its subsidiaries. Mr. Mattar has a civil engineering degree from UFMG, where he also obtained a graduate degree in Economic Engineering in 1976. Apart from serving as Director and Chief Executive Officer of Localiza Rent a Car S.A. and its subsidiaries, Mr. Mattar is executive officer of Locapar Participações e Administração Ltda; Chairman of the Advisory Board of Junior Achievement of Minas Gerais; Managing partner of EM Participações e Administração Ltda; Shareholder and Director of OMNI Táxi Aéreo; and Shareholder and Director of Pottencial Seguradora.
Maria Letícia de Freitas Costa. Ms. Costa is an independent member of the Company’s Board. She has a degree in production engineering from the University of São Paulo’s Polytechnic School and received her MBA from Johnson School at Cornell University. She began her professional career as a systems analyst at Indústrias Villares. In 1986 she joined the consulting firm Booz Allen Hamilton, presently Booz & Company, where she served as Vice President in charge of the Industry and Operations area. Ms. Costa is presently a partner of Prada Assessoria, a business consulting firm, and Director of Lato Sensu Graduate Programs at Insper in São Paulo. In addition to serving as independent Director of Localiza Rent a Car S.A., Ms. Maria Letícia Costa is: Partner at Prada Assessoria; Director of graduate programs (Latu Sensu) at Instituto Insper in São Paulo; Director and a member of the Audit Committee at Technip; Director and member of the Strategy Committee at Marcopolo; Member of the Audit Committee at Votorantim Industrial and Votorantim Cimentos.
Paulo Antunes Veras. Mr. Paulo Veras is an independent member of the Board. He has founded six digital startups since 1995, was co-founder and CEO of 99 Taxi, is a board member of B2W and Estapar. He was the managing director of Endeavor Brazil, a global non-profit organization that supports entrepreneurship for economic development, and served on its board for 8 years. Paulo holds a Mechatronical Engineer degree from USP and an MBA from INSEAD in France.
Pedro de Godoy Bueno. Mr. Pedro de Godoy Bueno is an independent member of the Company’s Board. He is the President of Dasa, the Brazilian leader in diagnostic medicine, (5th largest company in the industry in the world), founder and Managing Partner of DNA Capital, a private equity fund focused on healthcare, and a member of the Board of the Network Odd (2nd largest network of independent hospitals in Brazil). He began his career in investment banking, with a two-year stint at BTG Pactual in various merger and acquisition transactions. In 2012, he joined Amil and participated in the sale of the company to United Health Group, the largest investment made by an American company in Brazil at that time. A year later, Pedro founded DNA Capital and in 2015 assumed the position of president of DASA. Pedro holds a degree in Economics from PUC-RJ.
Roberto Antônio Mendes. Mr. Roberto Mendes is currently a Member of the Board of Directors of Localiza Rent a Car, BRF S / A, Hermes Pardini Institute, Potencial Seguradora and Hapvida. Participates in the Audit and Finance Committees of Localiza Rent a Car and BRF S / A. He was Chief Financial Officer and Investor Relations Officer for Localiza Rent a Car for about 33 years, from 1985 to 2018 and from July 2018 to January 2019, CFO of Potencial Social Insurance. Graduated in Business Administration and Accounting Sciences from the Federal University of Minas Gerais. He attended the Executive STC of FDC and Kellogg School of Management in Chicago and in Strategy and Innovation in Business at Wharton University of Pennsylvania in 2011. He began his career in 1971 at PWC after KPMG and was Controller of Valep (now Fosfertil) and Mendes Junior.
|Committee subordinated to the Board of Directors|
|Audit, Risk Management and Compliance Committee|
|Composed of 3 members, 2 independent, 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|
|Paulo Antunes Veras|
|Roberto Antônio Mendes|
|Personnel Management 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 members, 2 of them being independent.|
|Daniel Guerra Linhares|
|Pedro de Godoy Bueno|
|Comprised of 4 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.|
|Daniel Guerra Linhares||Coordinator|
|Eugenia Maria Rafael de Oliveira|
|Fabrício dos Santos de Oliveira|
|João Hilário de Ávila Valgas Filho|
|Suzana Fagundes Ribeiro de Oliveira|
|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. The Committee is composed of 8 members.|
|Daniel Guerra Linhares||Coordinator|
|Emerson Ferreira Gomes|
|Fabrício dos Santos de Oliveira|
|Maurício Fernandes Teixeira|
|Nora Mascarenhas Lanari|
|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.|
|Maurício Fernandes Teixeira||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.
|Eugênio Pacelli Mattar||Chief Executive Officer|
|Maurício Fernandes Teireixa||Chief Financial Officer and Investor Relations Officer|
|André Luiz Lopes Petenussi||Executive Officer|
|Bruno Sebastian Lasansky||Executive Officer|
|Daniel Guerra Linhares||Executive Officer|
|Elvio Lupo Neto||Executive Officer|
|Heros di Jorge||Executive Officer|
|João Hilário De Ávila Valgas Filho||Executive Officer|
|Rodrigo Tavares Gonçalves de Sousa||Executive Officer|
|Suzana Fagundes Ribeiro de Oliveira||Executive Officer|
|João Alberto Mazoni Andrade||Executive Officer – Localiza Fleet|
We set out below a summary of the professional experience, specializations and main external commercial interests of the current officers.
Eugênio Pacelli Mattar. Mr. Eugênio Mattar is one of the founding partners of the Company. He holds the positions of Board Member of the Company and Chief Executive Officer of the Company (CEO) and its subsidiaries. He graduated in Civil Engineering from the Federal University of Minas Gerais in 1975, where he also obtained a post-graduate degree in Economic Engineering in 1976 and participated in INSEAD’s Advanced Management program. In addition to being a member of the Board of Directors and Chief Executive Officer of Localiza Rent a Car S.A. and its subsidiaries, Mr. Eugênio Mattar serves 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 Aéreo; Indirect Shareholder and Member of the Board of Directors of Potencial Seguradora; Indirect Shareholder and Member of the Board of Directors of Toro Investimentos S.A .; Managing Partner of EMPI Administração de Imóveis Ltda and Partner of MXM Holdings Ltda.
Maurício Fernandes Teixeira. Mauricio Teixeira is the CFO of Localiza and has joined the Company in the beginning of 2017. He graduated in Electronic Engineering from Rio de Janeiro Federal University and has a Master in Mathematics Methods in Finance from IMPA. He also participated in executive education programs in Harvard, Wharton and Fundação Dom Cabral. Mauricio began his career at Banco BBM, leaded the finance planning area of Telemar and was the CFO of companies invested by GP Investments, Advent International and Vinci Partners Private Equities.
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.
Bruno Sebastian Lasansky. Mr. Bruno Lasansky is COO of Localiza, responsible for the Company’s business divisions: Localiza Hertz (Car Rental), Fleet Management, and Operations. Bruno leads a team of 7,500 employees, with a network of 700 service points and annual revenues of R$ 8 billion. Under the leadership of Bruno, Localiza expanded its leadership in the market, achieving a 39.4% growth in 2018. The Company also stood out for its pioneering innovation, being the only company to offer a rental service 100 % digital and without going through the counter, LOCALIZA FAST, as well as the service by WhatsApp, a unique app for app drivers, LOCALIZA DRIVER, among other novelties. Bruno started his career at Localiza in 2016. Previously, he was a partner at Bain & Company, where he led projects for operational improvement, strategy and M&A for national and international groups. Bruno holds a Bachelor’s degree in Production Engineering from the Buenos Aires Institute of Technology and a MBA from the Wharton School in the USA. He is fluent in Portuguese, Spanish and English.
Daniel Gerra Linhares. Mr.Daniel Guerra Linhares has been Localiza’s HR Director since September 2017. He holds a bachelor’s degree in Business Administration from UFMG (2004) with a postgraduate degree from Fundação Dom Cabral (2006) and Fundação Getúlio Vargas (2009) where he studied the international module in Irvine. He started his career in Vale where he worked for 5 years (2002 to 2007) and later took over 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). In 2013, he took over the People and Management Department of the CBO Group until began working for Localiza.
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, responsible for the management of 48 Mercedes-Benz, Toyota and Hyundai brands. In his last year at Rodobens, he also assumed responsibility for Marketing and Products. 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 then was promoted to Seminovos Regional Manager in São Paulo. 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. Joao Avila is Chief Operating Officer of all Localiza business units. He graduated in Mechatronics Engineering in 1999, holds a Master’s Degree in Computer Science with emphasis on robotics from UFMG and Post Graduation in Management from Fundação Dom Cabral. Prior to joining Localiza, João 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.
Rodrigo Tavares Gonçalves de Sousa. Mr. Rodrigo Sousa graduated in Civil Engineering in 2001 from UFMG and holds an MBA from Columbia University in 2006. Rodrigo worked at management consulting firms Booz Allen Hamilton and Mckinsey & Company in Brazil and abroad and was Director of new business for the Private Equity fund Patria. He is currently Executive Director for Car Purchase and Car pricing for Localiza.
Suzana Fagundes Ribeiro de Oliveira. Ms. Suzana Fagundes graduated in law from the Pontifical Catholic University of Minas Gerais. It is post graduate in company law and economics from the Getulio Vargas Foundation, has L.LM from Northwestern University School of Law (USA) and graduate in business administration by the JL Kellogg Graduate School of Management (USA), as well as courses executive branch of the Dom Cabral Foundation, Insead (France), Duke University (USA), among others. Ms.. Suzana Fagundes was HR vice president, Legal, Institutional Relations, Sustainability & Compliance of ArcelorMittal Brazil, where she worked for 12 years, having also worked at the national and North American office first line. Currently she is also advisor to the Brazilian chapter of Transparency International, being the only representative of the private initiative and counselor of W.I.L.L. – Women in Leadership in Latin America, of which it is also founder. In 2019, he joined the Company to take over the Legal area.
João Alberto Mazoni Andrade. Mr. João Alberto Mazoni Andrade is the Managing Director in Localiza Gestão de Frotas, in where he joined in 2004. He is graduated in Business Administration at the Universidade Federal de Minas Gerais (Minas Gerais Federal University) in 1989, , MBA at the University of Texas in Austin, (1998 to 2000), and has participated, in 2012, in a management program in Kellogg School of Business. Mr. Andrade began his career as an entrepreneur, as a Director Partner in two companies. In 2000 he has joined Roland Berger Strategy Consultants where he has worked on several projects, especially in the automotive industry and financial services. He has begun in Localiza Gestão de Frotas as Sales Director, than Operations Director, and now occupies the Executive Officer position.