Corporations law

September 25, 2006 - 10:26am

A proposed wholesale change to Embraer’s capital structure will see CEO Mauricio Botelho leave his chief executive’s post in April next year and become chairman of the new company until April 2009, the end of his three-year term. Embraer’s CEO since September 1995, 10 months after the company became a private enterprise, Botelho called the decision to step down a personal one.

 
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