Vivara Participações Sa Appoints Founder Nelson Kaufman As Chief Executive Officer
03/19/24, 10:07 PM
Location
sao pauloIndustry
retail
fashion
e commerce
Position
chief executive officer
Vivara Participações SA experiences a sudden change in leadership as founder Nelson Kaufman steps back into the chief executive officer role, leading to a significant decline in share prices and raising concerns about the company’s governance and internationalization plans.
Company Info
Location
sao paulo, sao paulo, brazil
Additional Info
Vivara Participações SA is one of Brazil’s biggest jewelry retailers, focusing on the local market. The company has recently faced a sudden change in management, leading to concerns among investors about governance, internationalization plans, and execution risks.