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JHSF Participações gets new CEO

The board of JHSF Participações S.A. appointed the company's CFO and investor relations officer, Thiago Alonso de Oliveira, to be its new CEO, effective Feb. 1, 2018.

Thiago will replace Eduardo Silveira Camara, who will remain a member of the board.

Camara's departure as CEO follows a proposal to amend the company's bylaws to limit the age of board members to 65 years, according to a release. The proposal will be discussed at JHSF Participações' next extraordinary shareholders meeting.