Board of Directors, Fiscal Council and Statutory Executive Officers

Board of Directors

According to our by-laws, our board of directors consists of at least 3 (three) and up to 12 (twelve) members. The directors meet ordinarily six times a year, and extraordinarily whenever required. The members of our board of directors are appointed at general shareholders’ meetings for a term of office of two years and are required to be our shareholders.

The board’s responsibilities include leading the corporate governance process, electing our executive officers and supervising our management. Currently our board of directors consists of 9 members elected by our shareholders.

We are managed by our board of directors (Conselho de Administração) and by our board of executive officers (Diretoria). None of our directors is party to an employment agreement providing for benefits upon termination of employment.

Board Members Title Date of Election End of Term of Office
Jean-Charles Henri Naouri President 12.30.2019 April 2022
Mr. Jean Charles Henri Naouri is a member of our Board of Directors since 2005. Mr. Naouri is chairman and chief executive officer of the Casino Group, the chief executive officer of its parent company, Euris S.A.S., and chairman of the board of directors of Cnova. Mr. Naouri also holds the following positions: chairman of the board of directors of Rallye S.A., member of the board of directors of F. Marc de Lacharrière FIMALAC S.A., vice-president of the Casino Group Corporate Foundation and president of the Euris Foundation. In June 2013, was appointed by France’s Ministry of Foreign Affairs to serve as special representative for economic relations with Brazil. In the past five years, served as chairman and chief executive officer (until 2013) and member of the supervisory board (until 2013) of Monoprix S.A., chief executive officer of Rallye S.A. (until 2013), chief executive officer of Finatis S.A. (until 2010), and member of the board of directors and audit committee of Natixis S.A. (until 2010). From 1982 to 1986, served as chief of staf.
Arnaud Daniel Charles Walter Joachim Strasser Co Vice-president 12.30.2019 April 2022
Mr. Arnaud Strasser is vice-chairman of our board of directors since 2012 and a member of our board of directors since 2010. Mr. Strasser also has been a member of the board of directors of Cnova since 2014, of Éxito since 2010. Until 2014, served as a member of the board of directors of Big C Supercenter plc. Mr. Strasser joined the Casino Group since 2007, where currently serves as corporate development and equity interests officer. Until 2009, Mr. Strasser was advisor to the chief executive officer on international development at the Casino Group. Mr. Strasser also served as Vice President of the Boards of Directors of Via Varejo (2013-2019), on the cabinet of the Prime Minister of France in 2005, as mission head, and in the cabinet of Renaud Dutreil, France‘s Minister of Business and Commerce from 2005 to 2007 as a special advisor. Mr. Strasser holds a bachelor’s degree from École Nationale d’Administration and master’s degrees from Hautes Études Commerciales and Institut d’Études Politiques de Paris.
Ronaldo Iabrudi dos Santos Pereira Co Vice-president 12.30.2019 April 2022
Mr. Ronaldo Iabrudi was elected, on April 27, 2018, Co-Vice-Chairman of GPA’s the Board of Directors, of which he is a member since 2016, also integrating the Committees of Corporate Governance and Sustainability, Human Resources and Compensation, and Innovation and Digital Transformation. The executive was elected, on January 23rd, 2020, as member of the Board of Directors of Grupo Éxito, in Colombia, participating in several Committees, and on December 31st, 2020, as Vice-Chairman of the Board of Directors of Assaí Atacadista, where he is member of the Strategic and Investment, Financial, Human Resources, Sustainability Committees. He also occupies the post of Vice-Chairman of the Board of Directors of Cdiscount, based in Amsterdam, Netherlands. Between January 2014 and April 2018, Mr. Iabrudi was CEO of GPA. Previously, served as Chairman of the Board of Directors of Via Varejo, Chairman of the Boards of Directors of Lupatech, Contax and Telemar, and member of the Board of Estácio, Magnesita, Cemar, Oi / Telemar, RM Engenharia and Ispamar. Mr. Iabrudi was CEO of Magnesita from 2007 to 2011 and, from 1999 to 2006, worked for the Telemar Group, where undertook several functions, including CEO of Telemar / Oi and Contax. From 1997 to 1999, Mr. Iabrudi served as CEO of FCA (Ferrovia Centro-Atlântica) and, from 1984 to 1997, as Chief Financial & Management Officer and Chief Human resources Officer of Grupo Gerdau. Mr. Iabrudi is a partner at the technology companies VIAW and Meu Plano; an investor in the startups FestaLab, EducareBox and I.Rancho; and also in the agribusiness – he is farms owner and shareholder of Agrobanco, Banco da Lavoura and Agrobanco from Boa Esperança. Graduated in Psychology at PUC-MG (1979), holds a Master’s degree in Organizational Development from Université Panthéon Sorbonne and a Master’s in Change Management from Université Paris Dauphine, Paris – France.
Christophe Jose Hidalgo Member 12.28.2020 April 2022
Mr. Christophe Hidalgo has been Interim Chief Executive Officer since November 11, 2020 and Vice President of Finance of GPA since 2012. He is also member of the Board of Directors of GPA, elected on December 28, 2020, also integrating the Audit, Finance and Innovation and Digital Transformation Committees. The executive was elected, on December 31st, 2020, as member of the Board of Directors Management of Assaí Atacadista, in which also integrates the Committees of Strategic and Investment, Financial, Human Resources, and Sustainability Committees. Worked as CFO of Éxito Group (Colombia), subsidiary of Casino Group, from 2010 to 2012, and is currently Member of its Board of Directors. After joining Casino, in 2000, Mr. Hidalgo took several posts in finance and controllership in the Group. As previous experience in Brazil, Mr. Hidalgo worked as CFO of the retailer Castorama, between 1996 and 2000. Mr. Hidalgo is French, with bachelor’s degree in private law and degree in finance and accounting, both from the University of Bordeaux (France).
Eleazar de Carvalho Filho Independent Member 12.30.2019 April 2022
Mr. Eleazar de Carvalho Filho is an independent member of our board of directors since 2012 and a member of board of directors of Cnova since October 2014. Mr. Carvalho Filho is a founding partner at Virtus BR Partners, an independent advisory firm, and at Sinfonia Capital, and currently is Chairman of Oi S.A., serves on the board of directors of TechnipFMC plc and Brookfield Renewable Partners. Previously, served as chief executive officer of Unibanco Banco de Investimentos and president of the Brazilian Development Bank (BNDES) and managing director of Banco UBS – Brasil. Mr. Carvalho Filho served as the chairman of the board of directors of BHP Billiton Brazil and as a member of the boards of directors of Petrobras, Centrais Elétricas Brasileiras, Vale, Tele Norte Leste Participações, Alpargatas, and others. Mr. Carvalho Filho also is president of the board of trustees of the Brazilian Symphony Orchestra Foundation. Mr. Carvalho Filho holds a bachelor’s degree in economics from New York University and a master’s degree in international relations from Johns Hopkins University.
Hervé Daudin Member 12.30.2019 April 2022
Mr. Hervé Daudin holds a bachelor degree in Physical Sciences and a PhD in Economics from the École Normale Supérieure of Paris and an Engineer degree from the École Nationale des Ponts et Chaussées. Mr. Daudin began his career as an economist and he was, for 7 years, a  high ranking official in the Ministry of Economy in France. After holding the position of Director in Euris Group (parent company of Casino Group), joined the Casino Group in 2003, where held various executive positions in the areas of strategy, logistics and technology. Mr. Daudin is currently a member of the Executive Committee and Executive Director of Merchadise, from the Agribusiness Division and from the Supply Chain, Logistics and IT of Casino Group. Mr. Daudin is a member of the Board of Directors of Almacenes Éxito (Colombia), CDiscount (France), Distribution Casino France, European Marketing Distribution, Achats Marchandise Casino and Big C (Thailand), and also was a member of the Board of Directors of Via Varejo (Brazil).
Luiz Augusto de Castro Neves Independent Member 12.30.2019 April 2022
Mr. Luiz Augusto de Castro Neves has been an independent member of the Company’s board of directors since 2012. Mr. Castro Neves is a career diplomat who joined Brazil’s diplomatic service in March 1967. Mr. Castro Neves served as Brazil’s ambassador to Japan from 2008 to 2010, in China, in Mongolia and the Democratic Republic of Korea from 2004 to 2008, in Paraguay from 2000 to 2004. Mr. Castro Neves was also Assistant Secretary General for Foreign Affairs, Chairman of the Board of Directors of Itaipu Binacional and Interim Minister of State, Head of the Secretariat for Strategic Affairs of the Presidency of the Republic. Currently, Mr. Castro Neves is a founding partner of CN Estudos e Projetos Ltda., Vice-President Emeritus of the Brazilian Center of Foreign Affairs, President of the Brazil-China Business Council and member of the Technical Council of the National Trade Confederation. Mr. Castro Neves graduated in Economics at the Federal University of Rio de Janeiro and Diplomacy at the Instituto Rio-Branco, with a master’s degree in economics from the University of London.
Renan Bergmann Independent Member 12.28.2020 April 2022
Mr Renan Bergmann holds a bachelor’s degree in chemical engineering from the Federal University of Rio Grande do Sul and a master’s degree in nuclear chemical engineering from the Federal University of Rio de Janeiro (COPPE). Mr. Bergmann completed the Executive Program at the John E. Anderson Graduate School of Management and the Executive Program “Making Corporate Boards More Effective” at Harvard Business School. Mr. Bergmann is a member of the board of directors of Fogo de Chão and is a senior advisor to the Rhone Group. Mr. Bergmann was a member of the board of directors of Rampak of Columbus, Ohio, USA, SLC Participações, FCC Campo Bom – RS, CCRR, Terphane Holdings LLC of Delaware, Almatis B.V. and UTEX of Houston TX. He was an also an advisor to New Globe
Rafael Sirotsky Russowsky Member 12.28.2020 April 2022
Mr. Rafael Russowsky is Director of Corporate Development and Holdings at Casino Group since 2012 and is currently a member of the Board of Directors of Grupo Éxito. Mr. Russowsky was an investment banker specialized in mergers and acquisitions and capital markets transactions at Credit Suisse, Morgan Stanley, and Oppenheimer & Co. Prior to that, worked at HSBC and Banco Safra, focused on credit transactions. Mr. Russowsky holds a bachelor’s degree in business administration from Pontifícia Universidade Católica do Rio Grande do Sul and an MBA from Columbia Business School.
Board of Statutory Executive Officers
Statutory Executive Officers Title
Cristophe José Hidalgo Interim Chief Executive Officer, Vice President of Finance and Investor Relations
Mr. Christophe Hidalgo has been Interim Chief Executive Officer since November 11, 2020 and Vice President of Finance of GPA since 2012. He is also member of the Board of Directors of GPA, elected on December 28, 2020, also integrating the Audit, Finance and Innovation and Digital Transformation Committees. The executive was elected, on December 31st, 2020, as member of the Board of Directors Management of Assaí Atacadista, in which also integrates the Committees of Strategic and Investment, Financial, Human Resources, and Sustainability Committees. Worked as CFO of Éxito Group (Colombia), subsidiary of Casino Group, from 2010 to 2012, and is currently Member of its Board of Directors. After joining Casino, in 2000, Mr. Hidalgo took several posts in finance and controllership in the Group. As previous experience in Brazil, Mr. Hidalgo worked as CFO of the retailer Castorama, between 1996 and 2000. Mr. Hidalgo is French, with bachelor’s degree in private law and degree in finance and accounting, both from the University of Bordeaux (France).
Belmiro de Figueiredo Gomes Chief Executive Officer of Cash and Carry Business
Mr. Belmiro de Figueiredo Gomes has been our officer of cash and carry business since 2012. Mr. Gomes joined the Company in 2010, having earlier held the position of commercial director. Previously, worked in several areas of the Atacadão chain for 22 years. In 2007, Mr. Gomes coordinated the sale process of the Atacadão chain to the Carrefour Group, subsequently serving as an executive director responsible for the commercial, logistics, marketing and business strategy areas.
Jorge Faiçal Chief Executive Officer of Multivarejo
Mr. Jorge Faiçal is President of Multivarejo, a business unit that brings together the food retail operation of GPA. Mr. Faiçal is also member of the Innovation and Digital Transformation Committee since April/2020.  Mr. Faiçal  has been in the market for more than 25 years, 12 of them working in different positions in the Group. Mr. Faiçal has a degree in social communication and advertising, with postgraduate degrees and specializations in business administration, product management and business from FAAP and Fundação Getúlio Vargas.

 

Fiscal Council

According to the Company’s Bylaws, the Fiscal Council is a non-permanent body and, when installed, must be composed of 3 sitting members and an equal number of alternates. The Board will only be installed upon the request of the Company’s shareholders.

Board Members Title Date of Election End of Term of Office
Erick Aversari Martins Sitting Member (elected by the controller) 04.23.2020 April 2021

Mr. Eric Aversari Martins is a sitting member of the Fiscal Council at GPA since April/2020. Mr. Martins is a university professor of accounting sciences. Mr. Martins has a degree in Accounting from FEA-USP, a Master in Aesthetics and Art History (Musicology) from ECA-USP, a PhD in Accounting and Controllership from FEA-USP and a Post-Doctor in Accounting from UFES-ES.

Líbano Barroso President -Sitting Member (elected by the controller) 04.23.2020 April 2021

Mr. Líbano Barroso is a sitting member of the Fiscal Council at GPA since April/2020. Mr. Barroso undertook the post of Vice President of Operations at GPA in 2016. Currently, since 07/2018, holds the position of CEO of Rodobens, Grupo Empresarial Financeiro, comprising Bank, Consórcio Corretora Seguros, Auto Rental and Automotive Retail of leading brands such as Mercedes Benz (trucks and automobiles), Toyota and Hyundai. Since 2012, Mr. Barroso has been a managing partner at J2L Gestão de Investimentos S.A. Previously, held several executive positions. Mr. Barroso was a member of the Board of Directors of Estácio Participações S.A, GNDI Intermédica S.A and Ri Happy Brinquedos S.A. Mr. Barroso was also a member of the Board of Directors of Via Varejo from 2014 to 2018 and CEO of the same company from 2014 and 2015. Mr. Barroso also acted as CEO of TAM Linhas Aéreas S.A from 2009 to 2012, where structured the LAN-TAM joint venture, creating LATAM Airlines Group, with stock trading both in Brazil , as well as in the USA, on the NYSE, in 2012. Created, structured and led the IPO of Multiplus S.A, becoming CEO of it in 2010. As Vice President of Finance and Management at TAM , led the corporate restructuring process during the IPO at Bovespa and NYSE, respectively in 2005 and 2006. Mr. Barroso also worked at CCR – Companhia de Concessões Rodoviárias as Chief Financial and Investor Relations Officer, participating in the initial studies, creation, search for strategic partner and leading the IPO, inaugurating Bovespa’s Novo Mercado, of which was the first DRI, in 2002. Mr. Barroso is an economist graduated from the Federal University of Minas Gerais, with a specialization in Finance from IBMEC, and a postgraduate degree in Business Law from Fundação Getúlio Vargas.

Rafael Morsch Sitting Member 04.23.2020 April 2021

Mr. Rafael Morsch is a sitting member of the Fiscal Council at GPA since April/2020. Mr. Morsch is also effective fiscal advisor at Companhia Tecidos Santanense S.A, ENCORPAR S.A, COTEMINAS S.A and Positivo Tecnologia S.A. Mr. Morsch is currently Director of Research at Zenith and an Administrator of Third Party Resources accredited by CVM. Mr. Morsch acted as a board member at LIQ Participações S .A and was effective fiscal advisor for Forjas Taurus S.A and Excelsior Alimentos S.A. Mr. Morsch also undertook the post of investment analysis trainee at Corretora Solidus S.A CCVM until 2012. Mr. Morsch has a bachelor in Economic Sciences (UFRGS / 2012) and attended the Training and Improvement Course in the Capital Market (APIMEC-UFRGS/2008).