Radar > 232993

Altus appoints Fabiano Günther Favaro as new CEO

Altus terá Fabiano Günther Favaro como novo CEO

Intel ID : 232993
Synopsis

Altus (BMVF:ALTS3), a company engaged in developing and commercializing automation and control technology systems for industrial use and based in São Leopoldo, Rio Grande do Sul state, appointed Fabiano Günther Favaro, its Director of Investors Relations, to also assume the position of CEO in 2016, taking over the executive operation and command of the company, as published by Altus through a relevant fact on 14 January 2016.

According to the news, Luiz Francisco Gerbase will remain as President, integrating the executive team, and the new change in the role of Favaro will take place in the next Board Meeting.
(content in portuguese)

A Altus (BMVF:ALTS3), com sede em São Leopoldo no estado do Rio Grande do Sul e que desenvolve e comercializa tecnologia para automação e controle de processos industriais, anunciou que o Diretor de Relações com Investidores (DRI), Fabiano Günther Favaro, passará a assumir também a posição de CEO em 2016, comandando a operação executiva da empresa, segundo publicou a própria Altus em Fato Relevante do dia 14 de janeiro de 2016.

De acordo com o Fato Relevante, Luiz Francisco Gerbase continuará como Presidente, integrando a Administração da empresa e a alteração do cargo do DRI ocorrerá na próxima reunião do Conselho de Administração.

Relevant Documents

Target

Altus
Brazil

Intel ID 232993
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Altus
(31 Dec 2018)
Revenue: EUR 10,27m
EBITDA: EUR 2,02m
Net Debt: EUR 7,13m
Exchange Rate:
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Subsector (Old TTR Sectors)
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Intel Grade
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Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Technology (Primary)
Services and Distribution / Distribution and Retail
Primary Sector (TTRSC)
40.01.03 Security & Advanced Measurement Equipment
40 Information Technology / 40.01 Computers & Peripherals

Secondary Sectors (TTRSC)
15.06.01 Colleges & Universities
15 Consumer Products & Services / 15.06 Education & Training Services

15.06.99 Other Education & Training Services
15 Consumer Products & Services / 15.06 Education & Training Services

30.01.99 Other Biotechnology & Pharmaceuticals
30 Healthcare / 30.01 Biotechnology & Pharmaceuticals

35.03.03 Construction & Engineering (Non Residential)
35 Industrials / 35.03 Construction & Engineering

35.06.02 Industrial Maintenance & Repair Services
35 Industrials / 35.06 Industrial Services

35.07.05 Heavy Electrical Equipment
35 Industrials / 35.07 Manufacturing

35.07.07 Industrial Machinery & Equipment
35 Industrials / 35.07 Manufacturing

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

40.04.01 Electronic Components
40 Information Technology / 40.04 Semiconductors & Electronic Components

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