Source: Marketscreener

Natura &Co: Brazil cosmetic group Natura unveils restructuring plan, changes in leadership

SAO PAULO (Reuters) - Brazilian cosmetic group Natura announced on Thursday a restructuring proposal to integrate the currently listed holding company Natura&Co into its subsidiary Natura Cosmeticos, which will then have shares in Brazil's stock exchange. Natura also said the chief executive of Natura&Co, Fabio Barbosa, is leaving the role and will become Natura Cosmeticos' chairman, while Joao Paulo Ferreira will remain as CEO of Natura Cosmeticos. (Reporting by Andre Romani; Editing by Brendan O'Boyle) SAO PAULO (Reuters) - Brazilian cosmetic group Natura announced on Thursday a restructuring proposal to integrate the currently listed holding company Natura&Co into its subsidiary Natura Cosmeticos, which will then have shares in Brazil's stock exchange. Natura also said the chief executive of Natura&Co, Fabio Barbosa, is leaving the role and will become Natura Cosmeticos' chairman, while Joao Paulo Ferreira will remain as CEO of Natura Cosmeticos. (Reporting by Andre Romani; Editing by Brendan O'Boyle)

Read full article »
Annual Revenue
$1.0-5.0B
Employees
10-50K
Joao Paulo Brotto Goncalves Ferreira's photo - CEO of Natura &Co

CEO

Joao Paulo Brotto Goncalves Ferreira

CEO Approval Rating

90/100

Read more