IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Meirelles adds professionalism to J&F

The market has welcomed the former president of Brazil’s Central Bank, Henrique Meirelles, in joining the Batista family business as chairman of the board at the holding company, J&F. The view has been taken that the executive will improve corporate governance at the family’s several businesses, adding credibility and professionalism.

The family business has been through a process of rapid and diverse growth, as technical director at Informa Economics FNP, José Vicente Ferraz, recalls. One example is the food business, JBS, which in about six years has become one of the leading companies in the world in the segment. Its net income in 2006 was R$ 3.967 billion, increasing to R$ 55.055 billion in 2010, achieved under family management. Ferraz says Meirelles’ input on the holding company’s board comes in response to a request made by the market for a more professional structure.

Information provided by Agência Estado

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193219

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel