Governance

Board of Directors

Odebrecht S.A.'s Board of Directors

The following members are part of Odebrecht's Board of Directors:

Emílio Odebrecht, Chairman of the Board of Directors

Mr. Emílio Alves Odebrecht was born in the state of Bahia on January 25,1945. He holds a degree in Civil Engineering from the Polytechnic School of the Federal University of Bahia (UFBA) awarded in 1968. He joined Construtora Norberto Odebrecht (CNO) as a trainee in 1966, starting the process of harmonic and planned succession of his father, Norberto Odebrecht, as leader of the Odebrecht Group. He worked as a construction technical manager until 1972, and from 1973 to 1980 he was the superintendent for the South-Central subsidiaries, Vice President and later CEO for CNO.

When the holding Odebrecht S.A. was created in 1981, he became its Vice President, in addition to being the CNO's CEO. Under his leadership, in the 1990s, Odebrecht went from investor to Brazilian leader in the petrochemical sector, holding interest in a conglomerate that was to become BRASKEM, currently the largest petrochemical company in the Americas, with plants in Brazil, the United States and Germany. It was also under Mr. Emílio Odebrecht's leadership that the company consolidated its international presence, represented by permanent operations in South America, Central America, the Caribbean and North America, Europe, Africa and the Middle East.

In 1991, in one more step in the succession process, he replaced his father, Norberto Odebrecht, as Chief Executive Officer for Odebrecht S.A.. Completing this cycle, he became, in April 1998, Chairman of the Board of Directors of Odebrecht S.A., where he remains to date.

Throughout his corporate history, he earned titles, medals and commendations granted by public and private, civil and military entities, in addition to government bodies, in recognition of Odebrecht's contribution to the economic and social development of the communities in which the company is present. Mr. Emílio Odebrecht has contributed to society by participating in various entities, such as the Brazilian National Confederation of Industry (CNI), the Federation of Industries of the State of São Paulo (FIESP), the International Entrepreneurship Institute - Endeavor, the São Paulo Museum of Art (Masp) and the Odebrecht Foundation.

In 2007, Mr. Emílio Odebrecht published his book, To Trust and To Serve - Ideas on the Development of Brazil and its Businesses. From November 2008 to November 2010, he wrote a weekly column for the newspaper Folha de São Paulo, and in 2015 he published another book, The Succession Cycle - The challenges and experiences of a generation of entrepreneurs.

Newton de Souza, Vice Chairman of the Board of Directors

Mr. Newton de Souza was born in the state of Paraná on May 6, 1953. He holds a degree in Law from the Pontifical Catholic University of Rio de Janeiro (PUCRJ) and a master's degree from University of Pennsylvania. He also participated in IMD's High Performance Boards program in Lausanne, Switzerland.

He was elected Vice Chairman of the Board of Directors of Odebrecht S.A. on May 12, 2017, when Luciano Guidolin took office as CEO for Odebrecht. He joined the Odebrecht Group in 1988 as General Counsel for Odebrecht S.A., becoming Executive Director in May 1997, always reporting directly to the Chief Executive Officer. He was part of the boards of directors of all leading companies of Odebrecht's business areas. He was also Chairman of the Board of Directors of Companhia de Concessões Rodoviárias – CCR. In December 2015, he was elected member of the Board of Directors of Odebrecht S.A.

In his professional history, he worked as visiting attorney at the law firm Dechert, Price & Rhoads (Philadelphia), as senior attorney in the law firm Pinheiro Neto Advogados from 1976 to 1982, and as senior attorney at the World Bank's Latin America and Caribbean Division (Washington, D.C.) from 1982 to 1987. 

Gilberto Pedreira de Freitas Sá, Member of the Board of Directors and member of the Compliance Committee

Mr. Gilberto Sá was born in the state of Bahia in October 19, 1940. He holds a degree in Civil Engineering from the Polytechnic School of the Federal University of Bahia (UFBA). In his career, Mr. Gilberto Sá specialized in finances, and participated in the foundation and/or financial management of Brazilian private companies such as Casaforte S.A. (real estate lending), EMPROL - Empreendimentos e Projetos S.A. (real estate developments), SISBRA - Eletrosiderúrgica Brasileira S.A. (metallurgical), Empreendimentos da Bahia S.A. and its successor, Multitrade S.A. (trading).

He joined the Odebrecht Group in 1980 as Director for CBPO - Companhia Brasileira de Projetos e Obras. From 1983 to 1988, he was the Financial Managing Director for Construtora Norberto Odebrecht S.A., and as of 1988 he became the head of the Group's Chemical and Petrochemical areas. In 1990, he became Vice President of Odebrecht S.A., being responsible for the financial management of the Odebrecht Group's holding and its supporting companies. He remained in office until April 27, 1995, when he was elected member of Odebrecht's Board of Directors.  In April 2016, he became a member of the Compliance Committee, a supporting body for Odebrecht's Board of Directors.

He was a member of the Boards of Instituto de Hospitalidade, Portal da Misericórdia and Rodin Bahia (Abacult). In addition to his activities at Odebrecht and Rangiroa Empreendimentos Patrimoniais Ltda., he is currently a member of the Senior Board and of the Council of Culture of the Trade Association of the State of Bahia, of the Definitory of Santa Casa de Misericórdia, of the Board of Trustees of the Carlos Costa Pinto Museum, and he is also President of the Pierre Verger foundation.

Luiz Antonio Schneider Alves de Almeida, Independent member of the Board of Directors

Mr. Luiz Almeida was born in São Paulo on September 2, 1932. He holds a degree in Mechanical Engineering from the University of Washington, Seattle, United States. In over 50 years of experience, he has served as CEO for Empreendimentos da Bahia S.A., was in charge of the Development Plan for the Industrial Center of Aratu, and also served as CEO for SIBRA – Eletrosiderúrgica Brasileira S.A. and Vice President for CLAN S.A. – Consultoria e Planejamento, the company that was responsible for the design of the Camaçari Petrochemical Center. Mr. Luiz Almeida was Chief Executive Officer for Stelar Telecom Ltda. (1995 to 1997). At Construtora Norberto Odebrecht, he was Managing Director, and Vice Chief Executive Officer from 1979 to 1987, when he became a member of the Board of Directors, where he stayed in office until 1995. He returned to CNO's Board as consulting advisor in 2005, and occupied this role until 2014. Mr. Luiz Almeida was also a member of the Board of Directors of Tenenge – Técnica Nacional de Engenharia S.A. (1989 to 1995), and was a member of the Board of Companhia Brasileira de Projetos e Obras – CBPO (1991 to 1995). At Odebrecht Investimentos S.A., he was Vice Chief Executive Officer (1981 to 1998) and member of the Board of Directors (from 1991 to 2007). Mr. Luiz Almeida is a member of the Board of Directors of Odebrecht S.A. since 2007 and he is also a member of the Board of Trustees of the Odebrecht Foundation since 1993.

Luiz Fernando Souza Villar, Member of the Board of Directors and member of the Compliance Committee

Mr. Luiz Villar was born in the state of Bahia on July 11, 1946. He holds a degree in Civil Engineering from the Polytechnic School of the Federal University of Bahia (UFBA), and has taken extension courses in Macroeconomics at FGV Rio de Janeiro, and in Advanced Management at INSEAD/France.

He joined Construtora Norberto Odebrecht (CNO) in 1968 as Contracts Director and was elected Managing Director in 1981, performing his activities in Brazil and abroad. Throughout his history in the Group, Luiz Villar has occupied different positions in various companies. In 1988, he was elected Executive Vice President for Odebrecht Mineração e Metalurgia. In 1989, he was elected Director of Odebrecht S.A.. From 1990 to 1993, he was CEO for Odebrecht Perfuração para Petróleo, and from 1993 to 1997, he was elected CEO for Odebrecht Celulose (Project VERACEL). From 1997 to 2001, he was the CEO for Odebrecht Serviços de Infraestrutura. Mr. Luiz Villar was elected member of the Board of Directors of Odebrecht S.A. in 2002 and became part of the Compliance Committee, a supporting body for the Board of Directors of Odebrecht, in April 2016.

Renato José Baiardi, Member of the Board of Directors

Mr. Renato Baiardi was born in the state of Bahia on July 13, 1943. He holds a degree in Civil Engineering from the Polytechnic School of the Federal University of Bahia (UFBA), and has taken extension courses in Calculation of Plates through the Plastic Hinges Method (Mathematics Institute, Salvador), Organizational Development (CONCISA, Rio de Janeiro), Pre-Stressed Concrete (Engineering Club of Bahia, Salvador), Finances for Area Executives (ANR, Salvador) and Political Sociology (School of Philosophy of the Federal University of Bahia, Salvador).

He began his career in 1966 as monitor for the Statistics Discipline at UFBA's Polytechnic School. He joined the Odebrecht Group through Construtora Norberto Odebrecht (CNO), in 1967, as technical assistant. Throughout his history at CNO, he occupied various positions and was elected CEO in 1988. Mr. Renato Baiardi also served as Director at Odebrecht Engenharia de Minas Ltda., CEO at Multitrade S.A., Director at Empreendimentos Siderúrgicos Ltda., Managing Director at Odebrecht Serviços no Exterior Ltda., CEO at Odebrecht Overseas Limited, Director at Odebrecht S.A. In 1989, he was elected Vice Chairman and member of the Board of Directors of Odebrecht S.A.. In 1995, he was elected CEO, and remained in office until 2001. Between 1997 and 2001, he was also Chief Executive Officer for TENENGE – Técnica Nacional de Engenharia Ltda. and CBPO – Engenharia Ltda.

In 2002, he was elected member of the Board of Directors of Odebrecht S.A. 

Rubens Ricupero, Independent member of the Board of Directors

Mr. Rubens Ricupero was born in São Paulo on March 1, 1937. With almost 50 years of international experience, Mr. Rubens Ricupero was significantly active nationally, having been Minister twice, Vice Chief of Staff of the Presidency of the Republic and advisor to Presidents Tancredo Neves and José Sarney. He is also a university professor and contributor to major media outlets. His original degree in Law from the University of São Paulo was supplemented by a degree awarded by Itamaraty's Rio Branco Institute. 

As Finance Minister, he was responsible for the launch of Plano Real in 1994, which was a decisive step in the stabilization of Brazilian economy. He was also responsible for implementing, in 1993, the then newly-created Ministry of Environment and Legal Amazon, whose priorities were the sustainable development of the Amazon rainforest, the conservation of the Atlantic Forest and the creation of national parks and ecological reserves. 

In foreign trade, he was the head of the Brazilian delegation during most of the Uruguay Round of GATT, and was elected to various positions within the organization: president of the Contracting Parties (1991), chairman of the Council of Representatives (1990), of the Trade and Development Committee (1989) and of the Group of Developing Countries (from 1988 to 1991). His work caused the UN General Assembly to elect him Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) in Geneva. He remained in office for two successive terms and one extension (from 1995 to 2004). 

Mr. Rubens Ricupero presided the difficult negotiations of the financial chapter of Agenda 21 at the Conference on Environment, Eco-Rio 92. He was the main negotiator for Brazil in the Amazon Cooperation Treaty and for many years he was either part or director of the Itamaraty division that dealt with relations among all countries in the Americas. He was ambassador to some of the most important Brazilian embassies, both bilaterally - Washington, Rome - and multilaterally - UN in Geneva. 

Professor of International Relations at the University of Brasilia, and of Brazilian Diplomatic History at the Rio Branco Institute, Mr. Ricupero has published books, essays, and articles about his fields of expertise in various languages. 
The themes on which he focuses his work are international politics, world economics, trade, development, environment (global heating, Amazon forest), human rights, modern agriculture, international history, interpretations of Brazil, racial and religious issues, African-Brazilian culture, Latin America, Africa, Asia. 

He is currently dean of FAAP's Faculty of Economy and International Relations and Chairman of the Editorial Board of the University of São Paulo's Publishing House, honorary president of the Japan House and honorary president of the Fernand Braudel Institute of World Economics. He is a member of the Board of Fondation Prince Albert II, in Monaco, of the South Centre, in Geneva, and of other cultural and university foundations. Rubens contributed for almost 20 years to a regular column in the newspaper Folha de São Paulo, which was reproduced in other Brazilian newspapers, and he is also a radio and TV commentator.

Sergio Foguel, Member of the Board of Directors and member of the Compliance Committee

Mr. Sergio Foguel was born in Rio Grande do Sul on March 28, 1945. He holds a degree in Civil Engineering from the Federal University of Rio Grande do Sul (UFRGS) and a master's degree in Business Administration from the University of California. He is also a fellow of the Massachusetts Institute of Technology (MIT).

From 1977, Mr. Foguel was Vice President for Corporate Governance, Strategic Planning and Human and Organizational Development at Odebrecht S.A. In 1992, he was elected member of the Board of Directors of Odebrecht S.A. and became a member of the Compliance Committee, a supporting body for the Board of Directors of Odebrecht, in April 2016. 

Out of Odebrecht, Mr. Foguel is a consultant to company founders and leaders, focusing on Governance Strategy, and is actively engaged in the governance of social entities. Currently, Sergio is a member of the International Advisory Board of the Dom Cabral Foundation, of the International Board of Herity (Italy) and of the Board of the Parampara Family Business Institute (India).

 

Odebrecht S.A.'s Chief Compliance Officer

Odebrecht S.A.'s Chief Compliance Officer reports directly to the coordinator of Odebrecht S.A.'s Compliance Committee, a supporting body for the Board of Directors.

Olga Pontes, Chief Compliance Officer

Mrs. Olga Pontes was born in the state of Bahia in November 14, 1975, holds an MBA in Corporate Governance from the Accounting, Actuarial and Financial Research Institute (FIPECAFI), an MBA in Corporate Management from Getúlio Vargas Foundation and a degree in Data Processing from Rui Barbosa. She also holds a degree in Civil Engineering from the Federal University of Bahia. Her expertise in compliance, risk management and internal audit was built through nine years spent working for EY, two of them in London. She joined the Odebrecht Group in 2006 as Information Security Officer (CSO) for Braskem, and in 2009 she became responsible for Corporate Security. Since April 2016, she is Odebrecht S.A.'s Chief Compliance Officer.

 

Odebrecht S.A.'s Executive Board

The following members are part of Odebrecht's Executive Board:

Luciano Guidolin, Chief Executive Officer

Mr. Luciano Guidolin was born in São Paulo on October 4, 1972, is an engineer and holds a master's degree in Business Administration from Harvard Business School. He has been part of the Odebrecht Group for 23 years.

Mr. Guidolin joined the Odebrecht Group in 1994 as trainee at OPP Petroquímica, later Braskem, and occupied various positions, such as Corporate Planning Director, Marketing and Vinylics Development Director, Polyolefins Export Director and Vinylics Business Director. He took part in the creation of ETH Bioenergia, currently Odebrecht Agroindustrial, as Chief Financial Officer. 

He served as Chief Financial Officer for Odebrecht S.A., serving on the Board of Directors of various companies in the Group. He returned to Braskem as Vice President for Polyolefins, Vinylics, Renewables, Technology, and Europe.  

In early 2017, he became responsible for Investments at Odebrecht S.A., and on May 12, 2017, he was elected Odebrecht's Chief Executive Officer, replacing Newton de Souza.

Daniel Villar, Responsible for Functional Support in Planning and People

Mr. Daniel Villar was born in the state of Bahia on November 26, 1972. He holds a degree in Civil Engineering from PUC-RJ and has been part of the Odebrecht Group for 22 years.  

Mr. Daniel Villar joined the Odebrecht Group as a trainee at Construtora Norberto Odebrecht (CNO) in 1995, for the construction of Rio de Janeiro International Airport. In 2006 and 2007, he was superintendent director for the delegated infrastructure market of the Southern Cone (Argentina, Uruguay, Paraguay and Bolivia) and, from 2008 to 2010, for the delegated market of Libya. His international experience with CNO also includes seven years in Peru and three years in Ecuador. 

From 2011 to 2013, he was superintendent director at Odebrecht Realizações and, as of 2014, he has been responsible for Planning and People at Odebrecht S.A.

Luciano Guidolin, Responsible for Functional Support in Investments

Mr. Luciano Guidolin was born in São Paulo on October 4, 1972, is an engineer and holds a master's degree in Business Administration from Harvard Business School. He has been part of the Odebrecht Group for 23 years.

Mr. Guidolin joined the Odebrecht Group in 1994 as trainee at OPP Petroquímica (later Braskem) and occupied various positions, such as Corporate Planning Director, Marketing and Vinylics Development Director, Polyolefins Export Director and Vinylics Business Director. He took part in the creation of ETH Bioenergia (currently Odebrecht Agroindustrial) as Chief Financial Officer. 

He served as Chief Financial Officer for Odebrecht S.A., serving on the Board of Directors of various companies in the Group. He returned to Braskem as Vice President for Polyolefins, Vinylics, Renewables, Technology, and Europe at Braskem.  

In early 2017, he became responsible for Investments at Odebrecht S.A., and on May 12, 2017, he was elected Odebrecht's Chief Executive Officer, replacing Newton de Souza, and is temporarily also Responsible for Functional Support in Investments.

Marcelo Lyra, Responsible for Functional Support in Communication and Sustainability

Mr. Marcelo Lyra was born in the state of Minas Gerais on March 13, 1964. He is an electric and electronic engineer, and holds a postgraduate degree in General Management from Harvard Business School, and in Marketing from Unifacs of Bahia. He has been part of the Odebrecht Group for ten years. Before joining the Group, Mr. Lyra was director of Rede Globo de Televisão in São Paulo, being responsible for affiliate relations (from 2000 to 2003) and occupied positions at Rede Bahia de Comunicação for two periods, initially as Business Director (1994 to 2000) and later as Media Business Director (2003 to 2007).

He joined the Group in 2007, and from 2007 to 2016, he was Institutional Affairs and Communication Vice President for Braskem. He is currently responsible for Odebrecht S.A.'s Communication and Sustainability.

Marcela Drehmer, Responsible for Functional Support in Finance

Mrs. Marcela Drehmer was born in the state of Bahia on January 3, 1969. She is a business administrator graduated from UNIFACS, and holds a postgraduate degree in Finances from IBMEC – São Paulo. She has been part of the Odebrecht Group for 24 years.

Mrs. Drehmer worked for Odebrecht S.A as Vice President from 2001 to 2002, and for Braskem as Project Finance Manager from 2002 to 2004, Finance and Treasury Director from 2004 to 2010, and Planning, Finances and Investor Relations Vice President from 2010 to 2013. While at Braskem, Mrs. Drehmer took part in all of the company's merger and acquisition operations. In 2000, she participated in the Credit Suisse First Boston's Corporate Finance Internship Program in New York. 

Currently, Mrs. Drehmer is Odebrecht S.A.'s Finance Officer, having taken office in July 2013. 

Mauricio Ferro, Responsible for Functional Support in Legal Affairs and Governance

Mr. Mauricio Ferro was born in Brasília on April 4, 1966. He is a lawyer graduated from PUC-RJ, and he holds a master's degree from the University of London and from the London School of Economics. He has been part of the Odebrecht Group for 22 years.

Before joining the Group, Mr. Ferro was a lawyer at Carlos Eduardo Paladini Cardoso's law firm in 1989 and in the law firm Bulhões Pedreira, Bulhões Carvalho e Advogados Associados from 1991 to 1995. 

Mr. Ferro was an attorney for Odebrecht S.A. from 1995 to 2001, and was Braskem's Legal Affairs and Corporate Governance officer from 2001 to 2013. He was also a member of the Board of Directors in various companies, such as Cetrel S.A., Ipiranga Petroquímica S.A., Companhia Petroquímica do Sul – Copesul, Politeno Indústria e Comércio S.A., Petroflex Indústria e Comércio S.A., Trikem S.A., Nitrocarbono S.A. and Polialden Petroquímica S.A., and also served as director for Copene – Companhia Petroquímica de Camaçari. 

Currently, Mauricio is Odebrecht S.A.'s Responsible for Legal Affairs and Governance, having taken office in 2013.

André Amaro, Special advisor to the Chief Executive Officer

Mr. André Amaro was born in Minas Gerais on July 18, 1963, and holds a degree in Civil Engineering from UFMG. He also holds an MBA from IMD and has been part of the Odebrecht Group for 28 years. He started his career at the company in construction and heavy infrastructure and led Odebrecht's investments in the public utilities concession programs in Brazil, Argentina, Germany and Portugal. 

He was responsible for Projects Funding and Export at CNO, for Planning at Braskem and for People at Odebrecht S.A. He was also Odebrecht Properties' and Odebrecht Defesa Tecnologia's Business Leader.

He is currently Odebrecht S.A.'s special advisor.

Mônica Odebrecht, Special advisor to the Chief Executive Officer

Mrs. Mônica Odebrecht was born in the state of Bahia on March 16, 1970. She is a lawyer with a degree from the Catholic University of Salvador, and works for the Odebrecht Group since 1994. She joined the holding Odebrecht S.A. and worked in the corporate area until 1999, when she went to the United States to work temporarily for Clifford Chance LLP. When she returned to Brazil in 2000, she worked at the corporate and financial area of the companies of Grupo Odebrecht's Chemical and Petrochemical Business (currently Braskem), until 2002, when she was transferred to Construtora Norberto Odebrecht S.A., where she also worked in the corporate and financial areas until 2008. She then returned to Odebrecht S.A.'s legal area.  She is currently Odebrecht S.A.'s special advisor and serves as director for various companies in the Group, including ODBINV S.A., Odebrecht S.A.'s holding company.