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Vivara Participações Sa Appoints Founder Nelson Kaufman As Chief Executive Officer

Mar 19, 2024over 1 year ago

Position

Chief Executive Officer

Company

Vivara

Nelson Kaufman
Sao PauloRetailFashionE Commerce

Description

Vivara Participações SA experiences a sudden change in leadership as founder Nelson Kaufman steps back into the chief executive officer role, leading to a significant decline in share prices and raising concerns about the company’s governance and internationalization plans.

Company Information

Company

Vivara

Location

Sao Paulo, Sao Paulo, Brazil

About

Vivara Participações SA is one of Brazil’s biggest jewelry retailers, focusing on the local market. The company has recently faced a sudden change in management, leading to concerns among investors about governance, internationalization plans, and execution risks.

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