AINalerts » January 17, 2012

January 17, 2012 - 3:00pm

Maurício Botelho, the president and CEO of Embraer from 1995 to 2007, resigned as chairman of the board at the Brazilian aircraft manufacturer “for personal reasons” on Friday. Botelho successfully led the company’s restructuring, growth and globalization, turning a money-losing operation into a profitable one. He also oversaw the company’s foray into building a successful line of business jets.


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