Finance News - 06/27/2023
By Writing Team
Posted in July 27, 2023
The Ambipar Group (AMBP3) has reorganized its executive board. The information was disclosed on Tuesday night, the 27th.
- Tércio Borlenghi Jr. takes over as CEO of Ambipar;
- Guilherme Patini Borlenghi becomes COO of Ambipar;
- Rafael Espírito Santo becomes CEO of Ambipar Response;
- Pedro Petersen becomes CFO and Investor Relations Director of Ambipar Response;
- Lucio Gagliardi becomes CEO of Ambipar Environment;
- Ricardo Garcia becomes CFO and Investor Relations Director of Ambipar Environment.
Guilherme Patini Borlenghi has experience at Ambipar, having worked in various positions within the organization for the past 13 years.
Guilherme led strategic decisions of the company regarding capital allocation and M&A, consolidation and expansion of Ambipar Response in the Brazilian market, and entry and growth in the international market.
Rafael Espírito Santo previously worked at HPX, having been involved in the business combination and listing of Response on the NYSE. Previously, he led operations at Burger King Brazil from 2016 to 2020, served as CFO in the real estate sector, and worked at Vinci Partners and Pactual.
Lucio Gagliardi held director positions at Ambipar for 6 years, contributing to building the brand and positioning of Ambipar Environment in the waste management and valorization segment, focusing on sustainable solutions and circular economy.
Executives Leon Tondowski, Izabel Cristina Andriotti, and Yuri Keiserman are leaving the executive boards of Ambipar, Ambipar Environment, and Ambipar Response, respectively, as of this date.
In addition to the board reorganization, the Ambipar group will implement two advisory committees (non-statutory):
- an Operational Committee in Environment, focusing on integration, management, and capture of operational synergies among Ambipar group companies, in line with the practice already adopted in Response;
- a Financial Committee in the company, with agenda focusing on capital allocation and financial advisory to the Board of Directors.
