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Embraer To Invest $390 Million and Hire 900 New Employees In Brazil

Apr 27, 2024•over 1 year ago

Position

Chief Executive Officer

Company

Embraer Commercial Aviation

Francisco Gomes Neto
Brazil

Description

Embraer announced a plan to invest around USD$390 million and add 900 new employees in Brazil, aiming to boost aircraft production, research and development for innovative technologies, and expansion of aeronautical services.

Company Information

Company

Embraer Commercial Aviation

Location

Brazil

About

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 and Support to customer 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.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months