PDG Realty S.A. Empreendimentos e Participacoes elected Mr. Carlos Augusto Leone Piani for the title of Chief Executive Officer of the company in place of Mr. José Antonio Tornaghi Grabowsky, that resigned from the title of Chief Executive Officer. Additionally, the company´s Board of Director elected Mr. Marco Racy Kheirallah for the title of Vice Chief Executive Officer and also of Investor Relations Officer.