Ambev S.A. Announces Nomination of Executive Officers
February 06, 2018 at 04:20 pm EST
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Ambev S.A. announced that its Board of Directors meeting held on January 31, 2018 held on approved the nomination of Executive Officers of the company. Nomination of Executive Officer. According to Section 21, letter d, of the Company’s Bylaws, to approve, effective as of February 1st, 2018, the replacement of the current Premium and High End Executive Officer, Mr. Cassiano De Stefano, by Mr. Daniel Concenzo. The new executive officer will be sworn into his respective position on February 1st, 2018, upon the execution of the instrument of investiture in the proper book, at which time he will execute a statement confirming that there is no impediment to his election to the Company’s Board of Executive Officers, and the term of his mandate shall expire on May 11th, 2019. According to Section 21, letter d, of the Company’s Bylaws, to approve, effective as of April 1st, 2018, the replacement of the current Shared Services and Information Technology Executive Officer, Mr. Marcelo Guimarães Tardin, by Mr. Fernando Maffessoni. The new executive officer will be sworn into his respective position on April 1st, 2018, upon the execution of the instrument of investiture in the proper book, at which time he will execute a statement confirming that there is no impediment to his election to the Company’s Board of Executive Officers, and the term of his mandate shall expire on May 11th, 2019. The Directors also approved to register the votes of gratitude for the relevant services rendered by Mr. Fernando Maffessoni to the Company.
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labattâs operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.