News

Notice to the Market

Chief Executive Officer election

Brasil Brokers Participações S.A. ("Company" or "Brasil Brokers"), a publicly-held company whose common shares are traded on the Novo Mercado segment of the São Paulo Stock Exchange (BOVESPA) under the ticker BBRK3, hereby announces to its shareholders and the market in general that, as part of the succession process that began during the fourth quarter of 2013, the Company’s Board of Directors, at a meeting held on this date, unanimously elected Plínio Augusto de Serpa Pinto as the Company’s new Chief Executive Officer.

Plínio Augusto de Serpa Pinto has more than 40 years of experience in the real estate market and is one of the Company’s founders. Over the last few years, he has served as the CEO of Brasil Brokers Niterói, a subsidiary of Brasil Brokers.

In addition to Plínio Augusto de Serpa Pinto, the Board reelected Julio Cesar Garcia Piña Rodrigues to the position of Chief Operations Officer and Silvio Roberto Vieira Almeida to the position of Chief Financial Officer, Controller and Investor Relations Officer.

The elected Executive Officers shall serve for terms of two (2) years, until the first meeting of the Board of Directors held after the Company’s Annual Shareholders’ Meeting to approve the accounts for the fiscal year ended in 2015.

The members of the Company’s Board of Directors thanked Sergio Newlands Freire for his seven (7) years of service as the Chief Executive Officer of Brasil Brokers and congratulated him for the achievements under his tenure.

Also on this date, the Company’s Annual Shareholders meeting elected Sergio Newlands Freire as a sitting member of the Board of Directors of Brasil Brokers, together with Ney Prado Junior (Chairman), Carlos Daniel Rizzo da Fonseca, Luis Henrique de Moura Gonçalves and Sidney Victor da Costa Breyer (Vice Chairman and Independent Member)

The elected Executive Officers shall serve for terms of two (2) years, until the first meeting of the Board of Directors held after the Company’s Annual Shareholders’ Meeting to approve the accounts for the fiscal year ended in 2015.

Click here to access the document in PDF format.