Randon Implementos e Participacoes : PRESS RELEASE - ELECTION OF BOARD OF DIRECTORS MEMBER
April 16, 2018 at 04:57 pm EDT
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RANDON S.A. IMPLEMENTOS E PARTICIPAÇÕES
Listed Company
PRESS RELEASE
In a meeting of the Board of Directors held on this date, the Directors elected Hugo Eurico Irigoyen Ferreira to fill the position in the deliberative body and to hold the position of Vice-Chairman to complete the unified mandate of the Directors, up to the next Annual Ordinary Meeting, which will be held until the end of the month of April 2019.
Mr. Hugo Ferreira holds a degree in mechanical engineering and financial management has vast experience in companies in the automotive segment, where he has served as executive and director, including as a member of the Company's Board of Directors. He has participated in class entities as a member of Mercoparts and
of the Mercosur Council of Manufacturers of Auto parts. He is currently the representative
of Sindipeças, being the current Regional Director of the state of Santa Catarina, President
of the Automotive Chamber of FIESC and Counselor of the Economic Council of FIESC.
With the filling of the position, the Company's Board of Directors is again composed of five members, as follows: Chairman, Alexandre Randon; Vice Chairman, Hugo Eurico Irigoyen Ferreira; and, Directors, Ruy Lopes Filho, Pedro Ferro Neto and Derci Alcântara.
Caxias do Sul, April 16, 2018.
Geraldo Santa Catharina Investor Relations Officer
Randon SA Implementos e Participações published this content on 16 April 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 April 2018 20:56:07 UTC
Randon SA Implementos e Participacoes, formerly Randon Participacoes SA, is a Brazil-based company primarily engaged in the manufacture of heavy vehicles and parts. The Company's activities are divided into three business segments: Railway wagons and vehicles, which focuses on the production and distribution of various wagon types, such as hopper, gondola, platform, tank, sider and telescopic, as well as off-road trucks, truck bodies, trailers and semi-trailers; Automotive parts, which is responsible for the manufacture and marketing of automobile components for suspension, brake and transmission system, among others, and Services, which provides services related to the administration of consortium groups for the purchase of durable goods, as well as financing services for the Company's customers. It operates a distribution network in Latin America and Africa. The Company is a subsidiary of Dramd Partiicipacoes e Administracao Ltda.