Wilson Sons appoints new CEO

Cezar Baião resigned as CEO of Operations in Brazil, and will be leaving the position he has held for 19 years on March 5, 2021. He will be replaced by Fernando Fleury Salek, who currently serves as CFO of the company’s Brazilian subsidiaries and as Director of Investor Relations.

Baião will remain as Vice-Chairman (Deputy Chairman) of the Company’s Board of Directors. In Brazil, he will assume the position of Chairman of the Board of Directors of the Brazilian holding company, Wilson Sons de Administração e Comércio Ltda (“WSAC”).  Fernando Salek will assume the position of CEO of operations in Brazil after five years serving as CFO of Brazilian subsidiaries and Director of Investor Relations. He also holds the position of member of the Board of Directors of Wilson Sons.

Salek is an economist holding a bachelor’s degree from PUC-Rio, and postgraduate certificates in Corporate Finance, International Finance and Marketing. Prior to joining Wilson Sons, he was Vice President of Finance for BG Group and BHP Billiton.  The Company will begin the selection process to replace Fernando Salek as CFO of Brazilian subsidiaries and Investor Relations Officer, starting in March 2021.

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