Edition:
India

Light SA (LIGT3.SA)

LIGT3.SA on Sao Paulo Stock Exchange

18.81BRL
23 May 2019
Change (% chg)

R$ -0.01 (-0.05%)
Prev Close
R$ 18.82
Open
R$ 18.76
Day's High
R$ 19.10
Day's Low
R$ 18.64
Volume
183,100
Avg. Vol
1,352,975
52-wk High
R$ 23.16
52-wk Low
R$ 10.30

Summary

Name Age Since Current Position

Nelson Jose Hubner Moreira

64 2016 Chairman of the Board

Luis Fernando Paroli Santos

47 2018 Chief Executive Officer, Chief Business Development and Investor Relations Officer, Director

Mauro Borges Lemos

64 2018 Vice Chairman of the Board

Roberto Caixeta Barroso

Chief Financial Officer

Fabio Amorim da Rocha

Chief Human Resources and Corporate Management Officer

Dalmer Alves de Souza

52 2016 Chief Engineering Officer

Ronald Cavalcante de Freitas

70 2015 Chief Communications Officer

Fernando Antonio Fagundes Reis

53 2011 Chief Legal Officer

Luis Fernando de Almeida Guimaraes

49 2015 Chief Energy Officer

Marco Antonio Vilela de Oliveira

Chief Commercial Officer

Yuri Fonseca Choucair Ramos

Director

Carlos Alberto da Cruz

68 2010 Director, Employee Representative

Marcello Lignani Siqueira

80 2015 Director

Marcelo Rocha

Director

Silvio Artur Meira Starling

69 2015 Independent Director

Raphael Manhaes Martins

Independent Director

Joao Pinheiro Nogueira Batista

Independent Director

Ricardo Reisen de Pinho

58 2016 Independent Director

Biographies

Name Description

Nelson Jose Hubner Moreira

Mr. Nelson Jose Hubner Moreira serves as the Chairman of the Board of Light S.A. since April 28, 2016. Mr. Moreira holds a bachelor’s degree in Electrical Engineering from the Federal University of Rio de Janeiro and a graduate degree in Mathematics from Centro de Ensino Unificado de Brasília. He was Director-General of the Brazilian Electricity Regulatory Agency (ANEEL) between 2009 and 2013, and Minister of Mines and Energy between 2007 and 2008.

Luis Fernando Paroli Santos

Mr. Luis Fernando Paroli Santos serves as Chief Executive Officer, Chief Business Development and Investor Relations Officer, Director of the Company. He is a Graduated in Computer Science, Systems Analyst from Pontifícia Universidade Católica de Minas Gerais, with an MBA in Logistics and Supply from UEMG. He served as Director of Distribution and Marketing (since February 2017), a position he has accumulated with the position of Director of Institutional Relations and Communication (since March 2016). He held the position of advisor to the presidency of CEMIG (2016). He was Director of Administration of Furnas Centrais Elétricas S.A. (2008 to 2016). He is currently Chairman of the Board of Directors and CEO of the Foundation for Corporate Management - COGE Foundation. He has served from 2011 to 2014 as Vice President. In May 2017, he was elected member of the Board of Directors of Light S.A .. He was a member of the Boards of Directors of the following companies: UHE Baguari and Retiro Baixo Consortium (2010-2012); Companhia Transleste de Transmissão (2010-2012); Companhia Transirapé de Transmissão (2011-2012); Companhia Transudeste de Transmissão, Companhia de Transmissão Centroeste de Minas Gerais and Companhia de Transmissão Furnas-Pimenta II (2011-2012).

Mauro Borges Lemos

Mr. Mauro Borges Lemos serves as Vice Chairman of the Board of Light S.A. since April 27, 2018. He holds a Degree in Economics from the Federal University of Minas Gerais and Ph.D. from Universite de Paris XI (Paris-Sud), UP. XI, France and the University of Illinois, United States. Since January 2015 holds the position of Chief Executive Officer of Companhia Energetica de Minas Gerais-CEMIG, Cemig Distribution SA and Cemig Generation and Transmission SA, and is Vice Chairman of the Board of Directors of the above companies. It was Minister of the Ministry of Industrial Development and Foreign Trade from February 2014 to January 2015 and was President of the Brazilian Industrial Development Agency - ABDI 2011-2014.

Roberto Caixeta Barroso

Mr. Roberto Caixeta Barroso serves as Chief Financial Officer of the Company. He has served as Superintendent of Controllership at Light since September 2011 and is responsible for accounting, tax and regulatory remuneration. Previously, from September 2003 to September 2011, he was Senior Audit Manager at KPMG. He also serves as Chairman of the Board of Directors of Renova. He also served as Chairman of the Board of Director member of Braslight and member of the Fiscal Council of SPE Olímpica. He has also served as a member of the Fiscal Council of ABRADEE and a member of the Boards of Directors of Light ESCO, Axxiom, ADRio and Norte Energia (UHE Belo Monte).

Fabio Amorim da Rocha

Mr. Fabio Amorim da Rocha serves as Chief Human Resources and Corporate Management Officer of the Company. With 27 years of experience in the electricity sector, since November of 2015, he served as legal advisor to ABRADEE. He was also the partner responsible for energy at Danneman and Siemsen Advogados in 2013 and 2014. Between 2009 and 2013, he was General Legal Superintendent of Light Serviços de Eletricidade SA Previously, he served as a partner in the energy area at Felsberg and Associados of Rio de Janeiro (2008-2009), managing partner of clients in the generation, transmission and distribution segment at Machado Meyer, Sendacz and Opice (1998-2008) and held the post of Coordinator of the Concession Area at CERJ - currently Enel ( 1988-1998).

Dalmer Alves de Souza

Mr. Dalmer Alves de Souza serves as Chief Engineering Officer of Light S.A. since April 4, 2016. Mr. Alves de Souza holds a bachelor’s degree in Electrical Engineering from Universidade Veiga de Almeida, an Executive MBA in Business Management from IBMEC Business School (2007), and graduate degrees in Oil and Gas Engineering from Universidade Federal Fluminense (2006) and in Project Economical and Financial Analysis from Fundação Getúlio Vargas (2000). At Light, he acted as the Head of the Commercial and Field Work Superintendence, and worked in the Distribution Superintendence from 2014 to 2016.

Ronald Cavalcante de Freitas

Mr. Ronald Cavalcante de Freitas serves as Chief Communications Officer of Light SA since December 11, 2015. He worked as the editor of Revista Época in Brasília and afterwards as the coordinator of social communications in the Ministry of Tourism until 2011. Between 2011 and 2015, he worked as the coordinator of social communications in the Ministry of Development, Industry and International Commerce, as th4 sub-secretary of social communications in the Government of Minas Gerais and Communication advisor of Cemig’s CEO.

Fernando Antonio Fagundes Reis

Mr. Fernando Antonio Fagundes Reis serves as Chief Legal Officer of Light SA since September 2, 2011. He has been Light’s Legal Officer since 2011. He was State Prosecutor (MG), Coordinator of the Department of Mobilization and Social Inclusion (CIMOS) and professor of the Law School of the Federal University of Juiz de Fora (UFJF). He was an Institutional Deputy State Attorney General (2007-2010), coordinator of the public hearings held by the Office of the State Attorney General of Minas Gerais (2007 and 2008), General Secretary of the Governor of the State of Minas Gerais (2004-2006), Director of the Study and Functional Improvement Center (CEAF), a body linked to the Office of the State Attorney General of Minas Gerais (1994).

Luis Fernando de Almeida Guimaraes

Mr. Luis Fernando de Almeida Guimaraes serves as Chief Energy Officer of Light SA since February 5, 2015. He was Member of the Executive Board and Generation Office of Light SA until 2010. He began his career in electricity sector with Eletrosul S.A. and Itaipu Binational S.A. where he worked on hydroelectric projects such as UHE Itaipu, UHE Salto Osorio and UTE Jorge Lacerda II. From 1980 to 1996, he worked at Engevix S.A. and Enge S.A., on coordinating projects. including the Executive Project for the UHE Tucurui, hydroelectric plant (Eletronorte S.A.), the Bay Prospecting Project for the Rio Paraiba do Sul (Furnas S.A.), the Viability Project for the Sapucaia hydroelectric plant (Furnas S.A.), the Initial Project for the Sobragi and Picada hydroelectric plant (CPM), autogeneration studies (Vale S.A.) and capacity increase studies for Lajes hydroelectric project. Since 1996, he has served as Member of Board of Directors and technical, operation and environmental committees for companies that are part of the Paranapanema and Votorantim groups. He holds a degree in Civil Engineering from Universidade Federal Fluminense in 1971 and a Post-graduate degree in Operational Research from Universidade Federal Fluminense in 1978.

Marco Antonio Vilela de Oliveira

Mr. Marco Antonio Vilela de Oliveira serves as Chief Commercial Officer of the Company. In 2016, he was the Energy and Property Director at OI S.A.. and before that he was the National Energy Director there. In 2015, he was the Superintendent of Revenue Protection in CELPE - Neoenergia Group. In the same year, he was an advisor of the Furnas Chief Financial Officer at Eletrobrás Group. From 2001 to 2014, he worked at Light S.E.S.A, as Commercial Superintendent.

Yuri Fonseca Choucair Ramos

Mr. Yuri Fonseca Choucair Ramos serves as Director of the Company. He currently holds the position of Manager Director - Head of Investment Bank and Credit Markets at Banco Votorantim (since May 2017) (financial sector). Previously he was a member of Thoreos Consultoria (from June 2013 to March 2017) (financial sector) and Manager Director of Banco Santander - Head of Financial Sponsors in Europe (from January 2011 to December 2012) (financial sector).

Carlos Alberto da Cruz

Mr. Carlos Alberto da Cruz serves as Director, Employee Representative at Light SA since March 22, 2010. He has 35 years of experience in Electric Power Systems and substation and transmission line construction. He has worked in electrical engineering monitoring several substation projects and as project manager for the Substation and Transmission Line Projects and Construction Department; monitoring electrical equipment purchasing for installation in Light substations; Lead Environmental Auditor in the Certification process of Light’s sites (SGA); Light’s representative in the Ministry of Mines and Energy’s Working Group on regulations related to the law establishing limits on Electrical and Magnetic Fields created by electrical power systems. He is Senior Field Engineer of the Substation Projects and Construction Department and President of the Engineers Union in his fourth term, participating in Light’s Collective Labor Agreements. He gained a degree in Electrical Engineering from Universidade de Coimbra.

Marcello Lignani Siqueira

Mr. Marcello Lignani Siqueira serves as Director of Light S.A. since February 5, 2015. Mr. Siqueira holds a bachelor’s degree in Civil Engineering from the Federal University of Juiz de Fora (Minas Gerais). Between 1999 and 2012, he was CEO of Companhia de Saneamento de Minas Gerais (Minas Gerais Sanitation Company), and CEO of Companhia Municipal de Saneamento de Juiz de Fora (Juiz de Fora Municipal Sanitation Company), between 1995 and 1998. He was a congressman for Minas Gerais between 2003 and 2007. Between 2007 and 2011, he acted as Administration and Finance Officer of Companhia de Desenvolvimento de Minas Gerais (Minas Gerais Development Company).

Marcelo Rocha

Mr. Marcelo Rocha serves as Director of the Company. He is a Graduated in Business Administration from FACECA - MG, since 2015 Advisor to the Secretary of State of the Government of Minas Gerais. Previously he held the positions of Advisor to the Corporate Management Board of Furnas (2010-2011 and 2013 to 2015) and was Financial Administrative Director of the Commercial and Industrial Association of Elói Mendes (2010 to 2013).

Silvio Artur Meira Starling

Mr. Silvio Artur Meira Starling serves as Independent Director of Light S.A. since February 5, 2015. Mr. Starling holds a bachelor’s degree in Economics from Faculdade Bennet in Rio de Janeiro. Since 2007, he has been Special Business Management Advisor of the Navy Commander. Between 2005 and 2007, he was the Navy’s Budget Coordinator. He has also held many positions in the Navy since 1991. Between 1991 and 1993, he was Head of the Purchase Department of the Brazilian Naval Commission in Europe, in London, covering all of Europe and Asia. He received several awards, such as: Order of Defense Merit; Order of Naval Merit (Commander); Order of Military Merit; Order of Aeronautical Merit (Commander).

Raphael Manhaes Martins

Mr. Raphael Manhaes Martins serves as Independent Director of the Company. He is a Graduated from the Rio de Janeiro State College in 2006. He has been a member of the Brazilian Bar Association, Rio de Janeiro Section, and a partner at Faoro Advogados since 2010. He has been a member of Light SA since 2014. Member of the Fiscal Council Titular) of Vale SA since 2015. Member of Fiscal Council (Holder) of Fibria Celulose SA, Member of Fiscal Council (Holder) of Embratel Participações SA, in 2014. Board Member (Owner) of Eternit SA since 2015. Embratel Fiscal Member (Alternate) Participações SA from 2010 to 2014. Fiscal Council member (Alternate) of Light S / A, in 2012/2013. He was a professor at UFRJ and UERJ.

Joao Pinheiro Nogueira Batista

Mr. Joao Pinheiro Nogueira Batista serves as Independent Director of the Company. He is a Graduated in Economics from the Pontifical Catholic University (PUC) / RJ, post-graduated in Economic Engineering from Gama Filho University. He is currently a member of the Board of Directors of Swiss Re Corporate Solutions Brasil Seguros S / A, of Cerradinho Bioenergia S.A, of Springs Global Participações S.A. and of Ocyan Participações S.A. and an independent director of Odebrecht Engenharia e Construção S / A. Between 2014 and 2017 he was the Chief Executive Officer of Swiss Re Corporate Solutions Brasil Seguros S / A. From 2013 to 2014 he was Executive Director of the Acquisitions and Mergers Committee, acting in the planning, organization, assembly and sale of the most important self-regulation effort of the Brazilian capital market after the Novo Mercado, inspired by the English Takeover Panel and counting on the support of Bovespa, Amec, Anbima and IBGC. He was Vice-President of the Board of Directors of the Brazilian Institute of Corporate Governance - IBGC and President of the Board of Directors of the Brazilian Institute of Investor Relations - IBRI.

Ricardo Reisen de Pinho

Mr. Ricardo Reisen de Pinho serves as the Independent Director of Light S.A. since April 28, 2016. He holds Degree in Mechanical Engineering (PUC-RJ / 1984), with a Masters in Finance (PUC-RJ / 1989) and Ph.D. in Business Administration (FGV-SP / 2008). He also attended the Program Management Development (Harvard / 99) and Advanced Management Program (Wharton / 01) and a Director Certified by the Brazilian Institute of Corporate Governance. Since 2006 acts as a director of independent directors in several companies such as: Brado Logística (2012-present), Tupy SA (2009-present), Brazil insurance (2016-present), Scott (2009-2012 and 2013-2015) Itacaré Capital (2009-2015), LAB SSJ (2009-2013), Metalfrio (2007-2011), Banco Nossa Caixa (2008-2009), Embratel (2008-2010), AACD (2006-2014). He worked as an executive in the areas of corporate and investment banking in organizations such as Itaú, Warranty and ABNAmro between 1985 and 2001 and as a senior researcher for the Harvard Business School between 2002 and 2014.