Embraer CEO to Leave Company Next Month -- Reuters
March 18 2019 - 6:47PM
Dow Jones News
--The chief executive of Brazilian jet maker Embraer SA (ERJ)
will leave the company before Boeing Co. (BA) takes control of its
commercial aviation division, Reuters reported Monday.
--Paulo Cesar Silva will leave April 22, the report said, adding
that his successor will be named at that time.
--The deal between the two companies will see the creation of a
joint venture made up of the commercial aircraft and services
operations of Embraer, with Boeing holding an 80% ownership
stake.
Full story:
https://www.reuters.com/article/us-embraer-m-a-boeing/embraer-ceo-to-step-down-ahead-of-deal-with-boeing-idUSKCN1QZ2H1
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
March 18, 2019 18:32 ET (22:32 GMT)
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