IMC, XP appoint new CEOs
IMC, XP appoint new CEOs Brazilian restaurant operator hires former CEO of fast-food chain Popeyes, while local brokerage firm promotes its CTO to the top job
Corporate & Sovereign StrategyAsset ManagementLatin AmericaSouth AmericaBrazilPeople Brazilian restaurant operator International Meal Company (IMC) has hired the former head of fast-food chain Popeyes as its new CEO, while brokerage firm XP Investimentos has picked its chief technology officer to take the reins from founder Guilherme Benchimol.
IMC said in a statement on Monday that Alexandre Santoro will succeed Newton Maia Salomão Alves as CEO on 1 April.
Santoro was formerly global president of the Popeyes chain and previously vice president of operations and supply chain for
Interviews | LatinFinance com
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Totvs acquires digital marketing company
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Kallas, Yuny call off IPOs
Kallas, Yuny call off IPOs Brazilian homebuilders increase to 15 the number of issuers to cancel listings this year in light of market volatility
IPOEquityCapital MarketsBrazilCoronavirus Brazilian homebuilders Kallas Incorporações e Construções and Yuny Incorporadora Holding have cancelled their planned initial public offerings (IPOs) as the Ibovespa index on the B3 stock exchange in São Paulo continues its slide since setting a record high at the start of the year. Kallas and Yuny both withdrew the primary and secondary offerings on March 4, according to information from securities regulator CVM. The two companies both filed to make IPOs in August last year. Yuny had hired BTG
Movida opposes Localiza acquisition of Unidas
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