Fibria announces that its president and CEO, Marcelo Castelli will be the new Global CEO of Votorantim Cimentos, effective February 1, 2019, after the settlement of the transaction between Fibria and Suzano.

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Fibria's CEO Marcelo Castelli to become CEO of Votorantim Cimentos

Fibria announces that its president and CEO, Marcelo Castelli will be the new Global CEO of Votorantim Cimentos, effective February 1, 2019, after the settlement of the transaction between Fibria and Suzano.

Following the approval given by the antitrust authorities, the corporate restructuring of Fibria and Suzano should be concluded on January 14, 2019, which will create Brazil’s largest agricultural company and its fourth largest non-financial company.

Castelli will succeed the current Global CEO of Votorantim Cimentos, Walter Dissinger, who informed the company of his wish to pursue new challenges. In view of the situation, Votorantim Cimentos and Walter Dissinger reached a mutual agreement for his stepping down. Dissinger will stay on to support his successor’s integration at the new company during the first months of next year.

Fibria, a Brazilian company that is the world’s leading producer of eucalyptus pulp from planted forests.