Brazil’s TAM Airlines Reelects Two Women as Chairman of the Board and Chairman

TAM S.A., Brazil’s largest airline company, reelected the members of its Board of Directors at the Annual General Meeting (AGO) held at TAM headquarters, in São Paulo, Brazil, Friday, April 28.  

Noemy Almeida Oliveira Amaro was reelected as the Chairwoman of the Board of Directors and Maria Claudia Oliveira Amaro was reelected Chairwoman. 

The other board members are:  Maurí­cio Rolim Amaro, Luiz Antonio Correa Nunes Viana Oliveira, Henri Philippe Reichstul, Waldemar Verdi Junior, Roger Ian Wright and Adalberto de Moraes Schettert.  All of them will represent the Company for a one-year term of office ending April 30, 2007.

The same meeting approved the establishment of the Company’s Fiscal Council and elected Antonio Fernando Siqueira Rodrigues, Edvaldo Massao Murakami, Nilton Maia Sampaio, Luiz Alberto de Castro Falleiros and Livia Xavier de Mello as its effective members.

At an Extraordinary General Meeting (AGE) held on the same date, an amendment to TAM’s Bylaws was approved, which was necessary for the Company to comply with São Paulo Stock Exchange (Bovespa) Differentiated Corporate Governance Practices – Level 2, a classification that requires a comprehensive set of corporate governance practices and extended minority shareholders’ rights.

The financial statements for the year ended December 31, 2005, the income allocation and distribution of dividends were also approved without reservation by the Boards at the AGO.

TAM – www.tam.com.br

Tags:

You May Also Like

Brazil Industry Loses Steam

Brazil's transformation industry real revenues grew 1.1% in May as against April, discounting seasonal ...

Gathered in Brazil Indigenous People Complain Their Concerns Are Not Being Heard

The International Indigenous Forum on Biodiversity (IIFB) fired criticism at the 8th Conference of ...

Brazilian Industry Finds Out that Innovation Pays Off in a Big Way

Brazilian industries are investing in the improvement of management. The consequence of the adoption ...

Blue, Beige and Pink Sheep Grazing on the Fields of Brazil

The unaware traveller may be surprised with the colors in the fields of Ipê ...

Brazil’s Lula to Sign Accord on Biofuel During Finland Trip

Next week, Brazil and Finland should sign a memorandum of understanding (MoU) in the ...

Risk Brazil Higher than Argentina’s Risk Rating

For the first time in five years investment bank JP Morgan country risk list ...

Hoping These Poor in Brazil Will Inspire More than Just a Liberal Guilt Trip

The Scalabrinian Order of the Catholic Church was founded in Italy in 1887 by ...

The Hills Are Alive

He was good, very good. Good all the time and everywhere. His kindness caused ...

Producing ethanol out of sugar cane in Brazil

US Steep Surtax Should Draw Brazil to European and Japanese Ethanol Markets

Brazil may become an international price setter for ethyl alcohol, should ethanol become an ...

After 9% Growth in 2007, Construction in Brazil to Expand 10% This Year

Brazil's civil construction sector grew 9% last year and should grow another 10% this ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`