Former Eletrobras President Wilson Ferreira Jr. during his inauguration
CEO EletrobrasAnd Wilson Ferrera JrHe resigned from his position on Monday, the 14th of this month, according to a statement issued to investors. The decision was made about a year after he reinstated the executive leadership of the company, which was privatized in 2022. He also held the position between 2016 and 2021. The request was accepted by the company’s board of directors and the statement does not say why. To request the departure of Wilson Ferreira, who claims certain problems. According to information obtained by reporter Rodrigo Vega, from Young Pan News, Three points can justify leaving. First, there will be damage in the relationship between the former CEO and part of the board. In addition, according to people close to the executive branch, Ferreira Jr. will show signs of fatigue and exhaustion. Finally, the newly appointed successor to the position, Ivan Montero, in addition to his experience, will have more movement and experience in relations with Brasília. Al-Badil has already held the position of Vice President of Banco do Brasil, Chief Financial Officer and President of Petrobras.
Montero professional file will come in handy because there is a court clash between Federal government and Eletrobras in connection with the Federation’s representation on the company’s board of directors. The suit, filed by the Attorney General’s Office (AGU), alleges that the government has voting power commensurate with its stake in the company, which is 43%. At the moment, the union vote is limited to only 10% of the shares.
* With information from Correspondent Rodrigo Vega
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.