Americanas Suspends Directors During Probes, CFO Included

Executives were notified of their suspension in a meeting this Friday, according to a material fact.

• Among the removed executives is CFO Fabio da Silva Abrate,in addition to Flávia Carneiro and Marcelo da Silva Nunes
• Directors Anna Christina Ramos Saicali, José Timotheo de Barros and Márcio Cruz Meirelles were also suspended
• The return of the executives to their respective posts is conditioned to the results of the investigations into the financial gap recently revealed by the company, says the statement
• NOTE: Americanas’ decision was initially reported by Estado

News link: Estadão: Americanas removes directors to prevent them from ‘contaminating’ ...