247 – This Saturday (17), Thiago Freire Guth introduced his resignation as CEO of power distribution firm Gentle Sesa, which filed for chapter safety in Could. Guth may even step down from the place of Chairman of the Board of Administrators of the holding firm and advisor to the group’s era firm. The corporate didn’t disclose the explanation for the resignation, and solely knowledgeable it that the manager authority would stay till June 30, and that the alternate options could be introduced “on the applicable time,” in accordance with Experiences the journalist Nicola Pamplonain an article revealed in Folha de S. Paulo.
Concluding the assertion, the corporate thanked Gouth for his dedication and professionalism. That is the second restructuring course of to be applied because the starting of the corporate’s monetary disaster. In March, Octavio Pereira López resigned from two of the corporate’s energy era and distribution subsidiaries, however stays in command of the holding firm and on the boards of administrators of the subsidiaries.
Gentle has filed for injunctive restoration claiming that it’s unable to deal with its R$11 billion debt and, on the identical time, keep power provides in its concession space. The corporate is in search of an early renewal of the franchise to renegotiate its debt. He additionally claims that his state of affairs is hampered by the issue of charging all distributed energy, resulting from public safety issues within the state which is dominated by organized crime in a number of areas.
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