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Embraer to Invest $390 Million and Hire 900 New Employees in Brazil

RECENTLY ACQUIREDApr 27, 2024

Position

Chief Executive Officer

Company

Embraer

Francisco Gomes Neto
BrazilManufacturingTransportationTravelAir TransportationAerospace

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.

Quick answer

Embraer to Invest $390 Million and Hire 900 New Employees in Brazil (April 27, 2024). Embraer is based in Brazil.

What did Embraer announce on April 27, 2024?
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.
What does Embraer do?
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive Aviation, Defense & Security, and Agricultural Aviation.
Where is Embraer based?
Embraer is based in Brazil.
Which similar companies made leadership changes around the same time?
Aviation Capital Group (May 2, 2024), Oman Air (May 2, 2024), EHang Holdings Limited (April 9, 2024) and Lilium GmbH (March 25, 2024) also announced leadership changes within 45 days of Embraer.

Source: Fundz verified event record.

Other recent leadership changes in Transportation and Travel

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at Embraer, and when

A new leader at Embraer brings new priorities and often new vendors. The first weeks are when they listen.

  • An alert the day Embraer raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Embraer, from your own LinkedIn network

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Company Information

Company

Embraer

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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Embraer changed its leadership. Fundz had it the day it was filed, with the decision-maker at the company attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.