Braskem S.A. announced the nomination of Fernando Musa to serve as the new chief executive officer of Braskem, replacing Carlos Fadigas. This transition is occurring after the conclusion of an important step in Braskem’s international expansion, with the commissioning of the petrochemical complex in Mexico, in which some USD 5 billion was invested. Carlos Fadigas will continue to work in the Odebrecht Group, focusing in particular on supporting Braskem’s new cycle of international expansion. Fernando Musa served at various companies, such as McKinsey, Editora Abril and Monitor Group. He joined Braskem in 2010 as Vice-president of Strategic Planning. Since March 2012, he has served as CEO of Braskem America, the business unit responsible for Braskem’s operations in the United States and Europe. His priorities as the new CEO will be to advance the successful strategy for growth and international expansion, strengthen competitiveness across all operations, identify new investment opportunities in Brazil and abroad and uphold the company’s commitment to its financial health.