Embraer calls Extraordinary Shareholders’ Meeting to elect new members to the Board
São José dos Campos, Brazil, July 16, 2021 – Embraer called today an Extraordinary Shareholders’ Meeting to be held on August 16, to elect two new members to the Board of Directors.
The nominees are Todd M. Freeman and Kevin G. McAllister, who are both foreigners with recognized global experience in the commercial aviation sector.
Todd Freeman worked at General Electric Company for 29 years. During his time with the company, he spent 18 years with GE Capital Aviation Services (GECAS), where he led the regional aviation area, as well as business in the Middle East, Africa, and Russia.
Prior to GE, Todd worked at Airbus Americas and JP Morgan. He has a degree in Accounting, with an MBA in Finance and Strategy.
Kevin McAllister boasts an extensive career with GE with 27 years dedicated to aircraft engines. Kevin led the sales area at the company and was president of GE Aviation Services.
After GE, he served at Boeing as president of the commercial aviation division and is currently a partner at AP Industrial Partners. He is an engineer and graduated from the University of Pittsburgh.
“It is with enthusiasm that we present two candidates with broad and recognized experience in the aerospace sector, deep technical knowledge, strategic profiles, and an innovative thought process, as well as broad corporate performance”, said Alexandre Silva, Chairman of the Board of Directors of Embraer.
“I’m sure they will add immense value during a time when we are focused on the company’s sustainable growth through global partnerships, innovation and business diversification.”
After the election of the two new members, the company’s Board of Directors will be composed of 10 independent directors. This composition will be maintained until the next board election in 2023.
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation.
The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil.
The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.
SOURCE : Embraer