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Diniz thanks BRF shareholders for their trust

Abilio Diniz, who was nominated on February 21 to be the CEO of BRF, has said in a statement that he is grateful for the supporting he has had, thanking the shareholders for their trust.

"Abilio Diniz is honored with his nomination to be CEO of BRF, one of the largest global players in the food sector," said the press release. The nomination - approved by eight votes to two - must be finalized at a meeting of BRF shareholders on April 9.

If elected, Diniz will have to face another battle with Casino, a partner of his at Pão de Açúcar Group (GPA). Diniz being CEO of BRF and GPA and would create a conflict of interest, says Casino. Casino may ask Diniz to step down from his position at GPA at a meeting of Wilkes shareholders, the group's holding company, or it could file an injunction for the same purpose.

Information provided by Valor Econômico

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