Estre Ambiental, Inc. Announces Board Appointments
January 23, 2018 at 09:59 pm
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Estre Ambiental, Inc. announced the appointment of three new members of its Board of Directors. Fabio Pinheiro, chairman of the board of It'sSeg Company and director of Lojas Renner SA and Banco Pan SA, among other companies; Gesner Oliveira, a professor of economics at Getulio Vargas Foundation and founding partner of GO Associados; Ricardo Pelucio, CEO of Attend Ambiental, and former executive with Continental Grain and other agricultural commodity companies. The new board members will bring to Estre extensive corporate governance and management experience, with a focus on the Brazilian market. Mr. Pinheiro has 18 years of investment banking experience as a former partner and managing director at Banco Pactual and Banco UBS Pactual, responsible for M&A and capital market transactions in several industries. Mr. Pinheiro is currently the chairman of It'sSeg Seguros Inteligentes SA and an independent board member at Lojas Renner SA and Banco Pan SA. Mr. Oliveira previously served as chief executive officer of Sabesp – Companhia de Saneamento Básico do Estado de São Paulo, and as president of the Brazilian Administrative Council of Economic Defense (CADE). He previously served as Brazil’s Secretary of Economic Monitoring at the Ministry of Finance and as the Undersecretary of Economic Policy. Mr. Oliveira currently sits on the boards of Braskem, Usiminas, Iguá Saneamento and Econservation. Mr. Pelucio previously served on the board of several companies, including Attend Ambiental, UTR Residuos, Aterro Dona Juana, and Inter Rio Incorporadora.
Estre Ambiental Inc is a waste management company operating in Brazil. The Firm is engaged in waste collection, transfer, recycling and disposal. It provides municipal, commercial and industrial customers with a range of waste management solutions. The Companyâs activities are divided into four segments: Collection & Cleaning Services, Landfills, Oil & Gas and Value Recovery. The Collection & Cleaning segment includes urban cleaning services, household collection based on contracts with municipalities across six Brazilian states and waste collection for commercial and industrial customers. The Landfills division operates landfills for hazardous and non-hazardous residues. The Oil & Gas segment provides on-site and off-site biological remediation of contaminated soil. The Value Recovery division develops processes to convert and recycle collected waste into usable forms of energy.