Fertilizantes Heringer SA, Viana, Brazil, announced that it has it has received the resignation of Bruno Pessoa Serapiao, as both Vice Chairman of the Board as well as CEO. Elena Kholmanskikh has also resigned from the Board.
The Board has decided to appoint Julio Enrique Varela Gubitosi as acting CEO. He is the current Commercial, Financial, and Investor Relations Director of the company and would take on the added CEO responsibility.
Lieven Cooreman has resigned from the Board of Directors and his position as Chairman. He resigned as CEO and Vice Chairman earlier this year. As his replacement on the Board and as Chairman, the Board proposed Donal Lambert. He currently serves as CEO of North and South America for the EuroChem Group. He joined EuroChem in 2017 as CEO of the North America Commercial Business. He earlier worked for Koch Industries.
The Board is proposing Dmitry Boldyrev and Gustavo Bastide Horbach as new Board members, with Boldyrev as Vice Chair. Boldyrev studied Industrial Engineering at the Economic University of St. Petersburg and worked at EuroChem’s Kingisepp fertilizer plant. He has since accumulated over 20 years of Commercial Operations experience with EuroChem, currently holding the position of Global Head of Sales and Trading for EuroChem Group.
Horbach is a civil engineer and graduated from the PUC-RS School of Engineering with an MBA and Academic MBA from the Federal University of Rio Grande do Sul. He also has postgraduate degrees in negotiation, mergers and acquisitions, and management. The company said that in his 25-year career in the areas of large projects and capital-intensive industrial operations, he has worked for national and multinational companies such as CBi, SCGas, Copesul, Braskem, Yara International, and Mubadala/Trafigura.