On November 18, 2014, Mark Nunnelly resigned as a member of the board of directors of Atento S.A., effective immediately. His resignation was not due to any disagreement with the company. Also on November 18, 2014, the board elected Thomas Iannotti to serve as a Class I Director, until the annual general meeting of the shareholders of the company in 2015.

Mr. Iannotti retired, is an executive with over 30 years of outsourced services experience, who most recently served as Senior Vice President and General Manager of HP Enterprise Services, Hewlett Packard Company from 2010 to 2011. Currently, Mr. Iannotti also serves on the board of directors of Applied Materials. The company announced that Mr. Iannotti has been determined to be an independent director for purposes of the New York Stock Exchange corporate governance standards and will serve as a member of the company's audit committee.