Board of Directors, Fiscal Council and Executive Board

Executive Board

Board Members Position Election Date End of Term
Belmiro de Figueiredo Gomes
Chief Executive Officer / Superintendent 10/05/2020 Until the ASM that approves the 2021 accounts

Mr. Gomes has been our chief executive officer since February 2011. Previously, he served as our commercial director. Mr. Gomes has also been an executive officer of CBD and head of its cash and carry business since 2012. He joined CBD in 2010. He has also served as a commercial executive officer and worked in several areas of Atacadão for 22 years. In 2007, Mr. Gomes coordinated the purchase of Atacadão by Carrefour. Since January 2016, Mr. Gomes has served as vice-president of the Brazilian Cash and Carry Association (ABAAS – Associação Brasileira dos Atacadistas de Autosserviço). He studied accounting at Instituto de Educação Estadual de Maringá.

Daniela Sabbag Papa
Chief Administrative and Financial Officer 10/05/2020 Until the ASM that approves the 2021 accounts

Mrs. Sabbag has been our chief financial officer since October 2019. From October 2019 to March 2021, she also served as our investor relations officer. She worked at CBD for 21 years, where she served as Investor Relations Officer, director of strategic planning, M&A and new business and a member of the finance team. Mrs. Sabbag holds a bachelor’s degree in business administration from Fundação Getúlio Vargas (FGV), a post-graduate degree in management from Universidade de São Paulo and an MBA from FGV.

Wlamir dos Anjos
Commercial director 10/05/2020 Until the ASM that approves the 2021 accounts

Mr. dos Anjos has been our chief commercial officer since May 2011. He has more than 32 years of experience in the wholesale sector, having served as regional director of Atacadão from December 1988 to May 2011. Mr. dos Anjos studied marketing management at UNIP – Universidade Paulista and human resources management at FGV.

Anderson Barres Castilho
Director of Operations 10/05/2020 Until the ASM that approves the 2021 accounts

Mr. Castilho has been our chief operating officer since November 2012. He has more than 28 years of experience in the cash and carry sector, having served as store manager, regional manager and commercial manager for the states of Rio de Janeiro, Espírito Santo, Mato Grosso e Rondônia. Mr. Castilho worked at Atacadão from January 1992 to March 2012. Mr. Castilho studied business management at UNIP – Universidade Paulista.

Gabrielle Castelo Branco Helú
Investor Relations Officer 03/26/2021 Until the ASM that approves the 2021 accounts

Gabrielle Castelo Branco Helú. Mrs. Helú has been our investor relations officer since March 2021. She joined GPA in 2011 as a trainee, having served in investor relations from 2012 to 2016. From 2017 to 2020, Mrs. Helú worked at the Casino Group in France in the international controlling department. She holds a degree in international relations from Fundação Armando Álvares Penteado – FAAP, a master’s degree in business administration from Fundação Getulio Vargas – FGV and an Executive MBA from HEC Paris.

Board of Directors

Board Members Position Election Date End of Term
Jean-Charles Henri Naouri
Chair of the Board of Directors 10/05/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Naouri has been the chairman of our board of directors since October 2020. He has been a member of the board of directors of CBD since 2005 and its chairman since 2013. Mr. Naouri has also been the chairman and chief executive officer of Casino and president of Casino’s parent company, Euris S.A.S., since 2002. He also serves as chairman of the board of directors of Rallye S.A., chairman of the Euris Foundation, vice-chairman of the Casino Group Corporate Foundation and member of the board of directors of F. Marc de Lacharrière (Fimalac) S.A. He had served as chairman and chief executive officer of Casino Finance until 2017, chairman of the board of directors of CNova N.V. until 2015, chairman of the board of directors of Wilkes Participações until 2015, chief executive officer of Rallye S.A. until 2013, as chairman, chief executive officer, and chairman of the supervisory board of Monoprix S.A. until 2013 and member of the supervisory board of Monoprix S.A. until 2014. In 2013, Mr. Naouri was appointed by France’s Ministry of Foreign Affairs to be a special representative for economic relations with Brazil. From 1982 to 1986, Mr. Naouri served as chief of staff for the Minister of Social Affairs and National Solidarity of France and the Minister of Economy, Finance and Budget of France. Mr. Naouri is a Finance Inspector (Inspecteur des Finances) for the French government. Mr. Naouri holds degrees from École Normale Supérieure and École Nationale d’Administration, a Ph.D. in mathematics, and has studied at Harvard University.

Ronaldo Iabrudi dos Santos Pereira
Vice-Chairman of the Board of Directors 10/05/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Iabrudi has been the vice-chairman of our board of directors since October 2020. He has been a member of the board of directors of CBD since 2016 and its co-vice chairman since 2018. Mr. Iabrudi is also vice-chairman of the board of directors of Cnova and vice-chairman of the board of directors of Cdiscount in the Netherlands. From January 2014 to April 2018, Mr. Iabrudi served as chief executive officer of CBD. Previously, he was the chairman of the boards of directors of Via Varejo S.A., Lupatech S.A., Contax S.A. and Oi/Telemar, and a member of the board of directors of Estácio, Magnesita Refratários S.A., or Magnesita, Cemar, Oi/Telemar, RM Engenharia and Ispamar. He was also chief executive officer of Magnesita from 2007 to 2011 and from 1999 to 2006 he worked for Grupo Telemar, where he held several posts, including chief executive officer of Oi/Telemar and Contax S.A. From 1997 to 1999, Mr. Iabrudi was chief executive officer of FCA (Ferrovia Centro-Atlântica) and from 1984 to 1997, he was chief financial and administrative officer and chief human resources officer at the Gerdau group. Mr. Iabrudi earned a degree in psychology from Pontifícia Universidade Católica de Minas Gerais, a master’s degree in organizational development from Université Paris 1 Panthéon-Sorbonne and a master’s degree in change management from Université Paris Dauphine.

Christophe José Hidalgo
Board of Directors (Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Hidalgo has been a member of our board of directors since December 2020. Mr. Hidalgo has been CBD’s corporate services officer since 2012. He joined the Casino Group in 2000, where he has held several positions in finance and controllership, including chief financial officer of Éxito Group from 2010 to 2012. From 1996 to 2000, he served as the chief financial officer of Castorama. Mr. Hidalgo holds a bachelor’s degree in law and a master’s degree in finance and accounting from the Université de Bordeaux.

David Julien Emeric Lubek
Board of Directors (Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Lubek has been a member of our board of directors since December 2020. He holds the title of Inspecteur des Finances (Finance Inspector). A graduate of École Polytechnique, he joined the French Ministry of Finance in 2000, holding a variety of management positions in the Budget Department over several years. In 2010, he was named General Audit Director at Groupama. In 2013, he joined the Casino Group as head of Group Controlling Officer, later becoming Deputy Chief Financial Officer.

Josseline Marie-José Bernadette de Clausade
Board of Directors (Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Ms. Clausade has been a member of our board of directors since December 2020. She has also served on the board of directors of Casino Group since 2012. Ms. Clausade’s professional experience includes serving as a member of the Conseil d’Etat, France’s highest administrative body, chief of staff of Georges Kiejman, former junior minister of foreign affairs of France, advisor to the permanent representation of France before the European Union, advisor to Hubert Védrine, former minister of foreign affairs of France, in charge of cultural and scientific matters, and former consul-general of France in Los Angeles. Since 2008, Mr. Clausade has been an executive officer and member of the board of directors of Areva.

Philippe Alarcon
Board of Directors (Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Alarcon has been a member of our board of directors since December 2020. He has been a member of the board of directors of CBD since 2019. Mr. Alarcon has been Casino Group’s international coordinating director since 2011 and has held various positions in Casino Group since joining the Casino Group in 1983. After holding the position of administrator in Casino Group’s Finance Department, he held various positions such as chief financial officer in various subsidiaries of the Group, including industrial subsidiaries, supermarkets and restaurants. He began his international career in Poland, where he held the position of chief financial officer of Casino Poland for 8 years, and then held the position of CEO of Real Estate. In 2015, he returned to France to hold the position of general manager of the Casino Group real estate business until 2011, when he became the Casino Group’s international director. He has also been a member of the board of directors of Éxito Group since 2012, member of the Green Yellow Supervisory Committee and CEO of Mayland Real State in Poland.

Luiz Nelson Guedes de Carvalho
Board of Directors (Independent Sitting Member) 10/05/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Carvalho has been an independent member of our board of directors since October 2020. He has been an independent member of the board of directors of CBD since 2017 and the coordinating member of CBD’s audit committee since 2014, as the accounting and finance specialist. Mr. Carvalho is a Senior Professor at the School of Economy, Business Administration and Accounting (Faculdade de Economia, Administração e Contabilidade) of the Universidade de São Paulo, or FEA USP. He is an advisor of the Brazilian Accounting Pronouncements Committee (Comitê de Pronunciamentos Contábeis), or CPC, and he was a representative of the CPC in the Emerging Economies Group of IASB. He is the former chairman of the board of directors of Petrobrás, having served from September 2015 to December 2018. He was also member of the board of directors of the B3 until March 2019 and chair of its audit committee until March 2018, as its accounting and finance specialist He also served as an independent member of the B3’s sustainability committee. Mr. Carvalho is also a member of the Brazilian Accounting Academy (Academia Brasileira De Ciências Contábeis) and chairs the fiscal council (conselho fiscal) of Fundação Amazonas Sustentável, or FAS, an NGO aiming to protect the Amazon rainforest. He is also a trustee of Fundação Instituto de Pesquisas Contábeis, Atuariais e Financeiras, a not-for-profit academic research organization. He also is a co-arbitrator at the Brazil – Canada Chamber of Commerce (São Paulo) and at the International Chamber of Commerce (Paris). He is a litigation expert in matters involving Financial Accounting, International Accounting, Corporate Governance, Risk Management and Auditing. Previously, Mr. Carvalho has been: chairman of the Committee on Capacity Building in the area of International Financial Reporting of the Intergovernmental Group of Experts in International Standards of Accounting and Reporting, a branch of UNCTAD, United Nations, in Geneva, Switzerland; an independent member of the banking self-regulation committee of the Brazilian Federation of Banks (Federação Brasileira de Bancos); member of the board of directors of FAS, where he currently chairs the fiscal council; a member of the International Integrated Reporting Council (Conselho Internacional para Relatórios Integrados) led by the Prince of Wales; vice-president “at large” of the International Association for Accounting Education and Research – IAAER; he was also a member of the Financial Crisis Advisory Group set out by the U.S. Financial Accounting Standards Board and the IASB in 2008; the first independent chairman of the Standards Advisory Council (Conselho Consultivo de Normas) of the IASB; member of the consultative and advisory group of the International Federation of Accountants (Federação Internacional de Contadores – IFAC); vice-director of the Interamerican Accounting Association; member of the board of directors of Banco Nossa Caixa S.A., Caixa Econômica Federal, Banco Bilbao Vizcaya Argentaria Brasil – BBVA, Banco de Crédito Real de Minas Gerais, Grupo ORSA (pulp and paper), Companhia Müller de Bebidas, Vicunha Têxtil S.A., and Banco Fibra S.A.; he was a member of the audit committees of Banco Nossa Caixa and Vicunha Têxtil; and a member of the internal controls committee of Banco Fibra. Mr. Carvalho was also the regional president of the International Association of Financial Executives Institutes for Central and South America and head of banking supervision at the board of directors of the Central Bank and a commissioner at the CVM. Mr. Carvalho holds bachelor’s degrees in economics from FEA USP and in accounting from Faculdade São Judas Tadeu and master’s and Ph.D. degrees in accounting and controllership from FEA USP.

José Flavio Ferreira Ramos
Board of Directors (Independent Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Ramos has been an independent member of our board of directors since December 2020. He worked at Citigroup for 23 years, leaving the bank in 2008. At Citigroup, he served as executive director responsible for the treasury and capital markets groups. From 1998 to 2001, he was an executive director at Citibank Colombia, responsible for treasury and fixed income. In 2008 Mr. Ramos joined the Safra Group as chief executive officer of the Family Office of Mr. Joseph Safra. He was responsible for the Safra family’s investments in currencies, fixed income and variable income globally. He was also responsible for the Safra family’s investments in private equity and real estate in Brazil. In 2012, Mr. Ramos joined BR Partners as a senior partner. He was responsible for the implementation of the investment bank acquired by the group in 2012. He became chief executive officer of BR Partners Banco de Investimento S.A. in 2014. In April 2016, Mr. Ramos co-founded ULBREX Asset Management, an investment company dedicated to real estate fund management. He left the company in January 2019 to become chief financial officer of BNDES, Brazil’s National Bank for Economic and Social Development. As chief financial officer of BNDES, he was responsible for the finance and treasury department, the credit department, accounting and controllership areas and the back office. He also served as acting president of the bank. Mr. Ramos left BNDES in September 2019. Currently, Mr. Ramos is Chairman of the Supervisory Board of BSM, the Market Supervision Exchange of the B3 and Independent Board Member of BR Advisory Partners S.A. He also served as a member and chairman of the Board of Directors of BR Properties from 2009 to 2015; a member of the Board of Directors of BMFBOVESPA from 2004 to2007; and Director of ANBIMA (National Association of Capital Markets) from 2002 to 2005. Mr. Ramos holds a bachelor’s degree in business administration with a specialization in finance. He also holds a degree from Centro Universitário UNA in Belo Horizonte.

Geraldo Luciano Mattos Júnior
Board of Directors (Independent Sitting Member) 12/31/2020 Two years, extended to the ASM that approves the 2022 accounts.

Mr. Mattos Júnior has been an independent member of our board of directors since December 2020. He worked at the M. Dias Branco Group between 1995 and 2019, having served as Vice-President of Investments and Controllership and Investor Relations Officer. He joined the group in 1995 as Equatorial Bank’s Financial Director. In 2000, Mr. Mattos Júnior became Advisor to the Board of Directors of M. Dias Branco, a position he held until 2003, when he was appointed Finance Director. At M. Dias Branco, he coordinated all company acquisition processes, led the company’s 2006 initial public offering on the Novo Mercado segment of the B3 and helped structure the company’s corporate governance. From 1977 to 1995, Mr. Mattos Júnior worked at Banco do Nordeste do Brasil – BNB, where, among other positions, he served as Advisor to the President, Head of the Capital Market Department and Executive Director of Caixa Pension Plan for BNB Employees. From 1994 to 1995, he was seconded to the Government of the State of Ceará, where he worked as Financial and Exchange Director of the Bank of the State of Ceará. Mr. Mattos Júnior serves the board of directors of HAPVIDA and Portobello Ceramics and the advisory council of USIBRAS. Previously, he served on the board of directors of Companhia Industrial de Cimento Apodi, Cotegipe Port Terminal and Companhia de Agua e Esgoto do Ceará – CAGECE. He chairs the HAPVIDA Mergers and Acquisitions Committee. Mr. Mattos Júnior also teaches finance at higher education institutions and private companies. He holds a degree in business administration from the State University of Ceará – UECE, a degree in law from the University of Fortaleza – UNIFOR, and a master’s degree in business administration from the Federal University of Rio de Janeiro (COPPEAD).

 

Fiscal Council

Board Members Position Election Date End of Term
Tufi Daher Filho
President -Sitting Member (elected by the controller) 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Tufi is the owner of TDF Consultoria Empresarial Ltda., partner of The Empreendimentos e Construtora Ltda. and owner of Loungerie, Osklen, and Richards franchises in Uberlândia (MG). Over the past 5 years he has served as a board member of Companhia Paulista de Trens Metropolitanos – CPTM, Technical Advisor of Hidrovias do Brasil S.A., Executive Director of the Company, Director of Cia. Metalic Nordeste; Chairman of the Board of Directors of MRS Logística S.A. and Counselor of the National Association of Railway Carriers (ANTF). He holds a bachelor’s degree in Civil Engineering from the Universidade Católica de Minas Gerais, and has attended a professional course offered by the Agência de Cooperação Internacional do Japão with a theme focused on Transportation Planning. He also holds a Business MBA from the Fundação Dom Cabral, and participated in the Advanced Management Program in partnership with INSEAD, in France.

Guillermo Oscar Braunbeck
Alternate Member 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Guillermo holds a bachelor’s degree in economics from Universidade Estadual de Campinas (UNICAMP) and a PhD in controllership and accounting from the School of Economics, Business Administration, Accounting, and Actuarial Science of the Universidade de São Paulo (FEA-USP). Currently, Mr. Guillermo is titular fiscal director at Anima Holding S.A., CESP, CPqD, Companhia de Navegação Norsul. He is also deputy technical coordinator and voting member of the Accounting Pronouncements Committee (CPC) and financial director of the CPC Support Foundation since March 2016. He also works in the academic area, acting as a doctoral professor at FEA-USP since 2014 and guest professor of the Master in Management for Competitiveness at Fundação Getúlio Vargas since 2017.

Eduardo Flores
Sitting Member 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Eduardo is a board member of the IFRS Foundation – London, PhD Professor at the Department of Accounting and Actuarial Science at the Universidade de São Paulo (FEA-USP), member of the Accounting Pronouncements Committee – CPC – representing the National Confederation of Industry – A16CNI and Alternate member – The International Integrated Reporting Council – The IIRC (London, UK). In addition, Mr. Eduardo has been working as a Consultant and Expert in accounting and financial matters since 2011. He worked at Ernst & Young Brazil as a Senior Consultant from 2007 to 2011, and at Mc Donalds – Brazil, in the accounting and financial departments from 2003 to 2007. He holds a PhD and a Postdoctoral degree in Accounting from the University of São Paulo (2016); a Master’s degree in Accounting from Fundação Escola de Comércio Álvares Penteado FECAP (2012); a bachelor’s degree in Accounting from Fundação Escola de Comércio Álvares Penteado FECAP (2010); a Postdoctoral degree in Finance from EAESP – FGV; and a bachelor’s degree in Actuarial Science from FEA-USP (2018).

Fernando Ferraz de Toledo Machado
Alternate Member 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Fernando Ferraz de Toledo Machado is a mechanical engineer with a bachelor’s degree from Escola Politécnica da Universidade de São Paulo, and an MBA in Strategy and Business Management from Kellogg School of Management, Northwestern University. Mr. Fernando was Chief Financial Officer in several business units in Grupo Pão de Açúcar from 2011 to 2019, and also cumulatively held the positions of M&A Officer from 2011 to 2012, Controller Officer of Viavarejo from 2012 to 2014, Controller Officer of Grupo Pão de Açúcar from 2015 to 2016, and CFO of Multivarejo (business unit with the Extra and Pão de Açúcar banners).

Rafael de Souza Morsch
Sitting Member 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Rafael holds a bachelor’s degree in economic sciences from theUniversidade Federal do Rio Grande do Sul in 2012 and is a partner at Zenith Asset Management Ltda. He is an associate member of the Brazilian Institute of Corporate Governance (IBGC) and of APIMEC-SUL. In addition, he has served as a member of the fiscal council of Positivo Tecnologia S.A., Coteminas S.A., Encorpar S.A., Companhia Tecidos Santanense S.A., Excelsior Alimentos S.A. and Forjas Taurus S.A., and as alternate member of the fiscal council of Metalgráfica Iguaçú S.A., Companhia Tecidos Satanense S.A. and Encorpar S.A.

Marco Antônio Mayer Foletto
Alternate Member 04/28/2021 Until the ASM that approves the 2021 accounts

Mr. Marco holds a bachelor’s degree in Accounting from UFRGS, a postgraduate degree in Globalized Business Management from IBMEC-SP, and in Business Management from UFRGS. He has a strong background in Internal Auditing, Risk Management, Compliance, Controllership and Finance, in the management and implementation of strategies and business processes in multinational companies of several segments, and has also served on the Board of Directors of Gerdau Steel India and Banrisul.