JBS S.A. has announced that on October 20, 2017, its Board of Directors unanimously elected four new members of the Board, as well as a new Chairman. As a result of the election, the JBS Board of Directors will now be composed of nine members.
The new Directors, pursuant to article 150 of Law 6, 404/1976 (Corporate Law), will serve until the next JBS Shareholders Meeting, which will have the opportunity to ratify their election. Appointed by BNDESPAR and in accordance with the terms of the Shareholders’ Agreement with the Company, the Board unanimously elected Cledorvino Belini and Roberto Penteado de Camargo Ticoulat. Wesley Batista Filho and Jeremiah O’Callaghan were also elected. In addition to those elected, José Batista Sobrinho, Gilberto Meirelles Xandó Baptista, Aguinaldo Gomes Ramos Filho, José Gerardo Grossi and Sérgio Roberto Waldrich comprise the members of the JBS Board of Directors.