Subscribe Free
in People

Embraer board selects new president and CEO

Posted 9 April 2019 · Add Comment

Embraer has announced that the nomination of Francisco Gomes Neto, current President of Marcopolo, will be presented to the Board of Directors for the position of President and CEO, succeeding Paulo Cesar de Souza e Silva.

 

The election will be held during the Board meeting, after the General Shareholders' Meeting scheduled for April 22.

With an electrical engineering degree, a specialisation in Business Administration and an MBA in Controllership and Finance, Francisco Gomes Neto built his career in the automotive industry, holding CEO positions over the last 20 years, both in Brazil and in the United States. Over the past three years, he has served as CEO of Marcopolo, in which he successfully led the company's transformation, generating strong sales growth and market value for the business. Previously, he was the CEO Americas for Mann+Hummel and President of Knorr Bremse (global leader in control systems for commercial vehicles), among other leadership positions.

"With vast international experience and focus on industrial sector management, I am confident that Francisco Gomes Neto has the right profile and competencies to lead Embraer through this period of transformation of the company and of the global aerospace sector," said Alexandre Silva, chairman of Embraer's Board of Directors, about the nomination.

After the General Shareholders' Meeting, to be held on April 22, Paulo Cesar de Souza e Silva will take on a role of senior advisor to the Board of Directors, during the onboarding of the new President and CEO and throughout the segregation of assets and resources of the commercial aviation business, until the completion of the partnership with Boeing.

Other Stories
Advertisement
Latest News

Airbus deploys mission-critical communication solutions to help secure Hajj

Airbus has secured this years’ Hajj holy pilgrimage in Mecca with its mission-critical communication technologies in Saudi Arabia.

Capital Markets Investors predict more airline bailouts

An overwhelming majority (81%) of capital markets investors expect to see more government support to ensure the survival of regional airlines as carriers struggle to survive the prolonged collapse in demand for air travel resulting

Emirates launches new passenger service to Miami

Emirates is connecting global business and leisure travellers with it's first-ever passenger service between Dubai and Miami.

IATA warns governments on high cost of testing

The International Air Transport Association (IATA) called on governments to take action to address the high cost of COVID-19 tests in many jurisdictions and urged flexibility in permitting the use of cost-effective antigen tests as an

Gulfstream exceeds 500 in-flight connectivity service installations

Gulfstream Aerospace has surpassed 500 installations of the Inmarsat Jet ConneX in-flight connectivity platform on large- cabin aircraft. The Wi-Fi solution is available on new aircraft and can be retrofitted on qualifying existing

Embraer delivered 34 jets in Q2 of 2021

Embraer delivered a total of 34 jets in the second quarter of 2021, of which 14 were commercial aircraft and 20 were executive jets (12 light and eight large).

WDS SK2601090322
See us at
World Defence Show 2022Aviation Africa 2021 BTOCDAS21_BTAviation MENA 2022