StoneCo Announces Board Changes
Stone’s Board has approved the appointment of
The appointment of
Board of Directors Composition
As a result of this change, StoneCo Board of Directors will now be composed of nine Directors, six of whom are independent:
André Street – ChairmanConrado Engel * – Vice-ChairmanDiego Fresco Gutierrez *Gilberto Caldart *Luciana Aguiar *Mauricio Luchetti *- Patricia Verderesi*
Silvio José Morais Thiago dos Santos Piau
* Independent Board Members
About Our New Board of Directors Appointments
Before joining Mastercard, he spent 26 years at Citigroup in various leadership positions in
About
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. These statements identify prospective information and may include words such as “believe,” “may,” “will,” “aim,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “forecast,” “plan,” “predict,” “project,” “potential,” “aspiration,” “objectives,” “should,” “purpose,” “belief,” and similar, or variations of, or the negative of such words and expressions, although not all forward-looking statements contain these identifying words.
Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Stone’s control.
Stone’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: more intense competition than expected, lower addition of new clients, regulatory measures, more investments in our business than expected, and our inability to execute successfully upon our strategic initiatives, among other factors.
Contact:
Investor Relations investors@stone.co
Source: StoneCo Ltd.