SAO PAULO, Oct 22 (Reuters) - Brazilian food retailer
GPA announced on Wednesday that Chief Executive
Marcelo Pimentel had resigned from his role, adding that Chief
Financial Officer Rafael Russowsky was elected by the board to
serve as interim CEO.
In a securities filing, the company also said Pimentel had
resigned from his board seat. Russowsky now fills the roles of
CEO, CFO and Investor Relations Officer.
Earlier this month, GPA's shareholders had
removed
its previous board of directors, replacing it with a new
nine-member group.
The extraordinary meeting had happened at the request of
the Coelho Diniz family, which increased its stake in the
company to 24.6% in August. Andre Coelho Diniz was elected as
chairman this month.
Pimentel had been CEO since 2022, when he began
executing a restructuring plan focused on the supermarket brand
Pao de Acucar and online sales.