By Brazil Stock Guide – Reag Investimentos, one of the central targets of the Carbono Oculto operation, announced the election of Felipe Oppenheimer Pitanga Borges as the new chairman of its board. This change follows the resignation of João Carlos Mansur, who, after being implicated in the investigation, sold control of the company to other executives, including Borges. The company also saw the departure of key executives, including Silvano Gersztel and Fabiana Franco.
The Carbono Oculto operation, conducted by the Federal Police and the Public Ministry, placed Reag at the center of a scandal with significant legal and corporate repercussions, according to Valor Econômico. The leadership change, while expected, marks a new phase for the company as it looks to stabilize its governance and reposition itself in the market. Borges now takes over at a critical moment, with Reag striving to mitigate the damage to its reputation and regain investor confidence.
The company also stated, “The board of directors will meet promptly to appoint two additional members, who will take over the positions previously held by Mr. Altair Tadeu Rossato and Mr. Silvano Gersztel,” as part of their ongoing restructuring efforts.