Brazilian meat giant Marfrig has named VP of finance Ricardo Florence dos Santos as its CFO.
Dos Santos will replace Alexandre Mazzuco, who will "pursue other professional challenges and focus on personal projects", Marfrig said.
It is the second senior management change in three months. In November, Marfrig appointed former Cargill CFO Sergio Rial to lead its processed food division, Seara Foods.
Dos Santos will combine the role of CFO with his existing positions of VP of finance and investor relations officer.
The company will report its financial results for 2012 next month.
Change in the Board of Executive Officers
São Paulo, February 8, 2013 – Marfrig Alimentos S.A. (BM&FBOVESPA: MRFG3; Level 1 ADRs: MRTTY”), one of the largest food and food services companies worldwide, today announces that the Board of Directors has elected Mr. Ricardo Florence dos Santos to serve as Chief Administrative and Financial Officer – CFO of the Company, replacing according to the bylaws Mr. Alexandre Mazzuco who has stepped down. Mr. Ricardo Florence has been our Vice President of Finance and Investor Relations Officer (IRO) according to the bylaws and will be accumulating his current position with that of the office for which he has now been appointed.
Mr. Alexandre José Mazzuco, who also served as treasury officer of Marfrig Alimentos S.A., and whose staunch dedication and unwavering contributions over the last decade have helped to shape and drive our Company to greater heights, closes another chapter of his solid career in finance to pursue other professional challenges and focus on personal projects.
The Marfrig Group would like to express deep gratitude to Mr. Alexandre Mazzuco for his commitment and dedicated work over the years and wishes him much success in future endeavors.
