Gerdau S.A. and Metalúrgica Gerdau S.A announced -an important step in the evolution of corporate governance at the Company in its 116-year history. As part of the Company’s transformation, starting January 1, 2018, the current members of the Gerdau Johannpeter family in the company’s executive leadership (André Gerdau Johannpeter, CEO, and Executive Vice Presidents Claudio Johannpeter and Guilherme Gerdau Johannpeter) will dedicate themselves exclusively to the Boards of Directors of the respective companies in which they already are members.
To lead this new phase Gustavo Werneck, currently Executive Officer of the Brazil Operation, will become the new CEO of Gerdau, effective January 1, 2018. Prior to serving as Executive Director of the Brazil Operation, he served as Corporate Director of IT and as Industrial Director of Gerdau in India, among other positions.
The next four months will be dedicated to the transition of the new Governance in order to ensure a smooth process and, subsequently, to define the executive functions and processes across the company.
