Gerdau Group appoints new Chief Executive Officer and new Chief Operating Officer

The new structure was defined taking into consideration the size, complexity, and challenges of the Gerdau Group, an active player in the consolidation of the global steel sector

Today, November 21, the Gerdau Group announces a new phase in the evolution of its corporate governance structure. The new structure was defined taking into consideration the size, complexity, and challenges of the Gerdau Group, an active player in the consolidation of the global steel sector. The best practices of large companies around the world were also considered based on studies prepared with the support of international consulting companies. André Gerdau Johannpeter will take on the position of CEO – Chief Executive Officer on January 1, replacing Jorge Gerdau Johannpeter who has been at the helm of the Group since 1983. Claudio Gerdau Johannpeter will become the COO – Chief Operating Officer. This position has the role of coordinating business and promoting synergies between the various operations. André and Claudio have served as executive vice-presidents since 2002. Also, as of January 1, 2007 Jorge Gerdau Johannpeter, Frederico Gerdau Johannpeter, and Carlos J. Petry will no longer serve in the Executive Committee, but will retain their respective positions as President (Jorge Gerdau Johannpeter) and Vice-Presidents of the Board of Directors. At the age of 43, André Gerdau Johannpeter will preside over the Gerdau Executive Committee (GEC), which is the Group´s highest executive body, in charge of proposing and implementing the strategies approved by the Board of Directors. In this new position he will become the Group´s main representative before the various stakeholders. In his responsibilities concerning institutional relationships and policies, André Johannpeter will be supported by the Chairman of the Board of Directors. André will also have direct responsibility over the functional processes of Human Resources and Organizational Development, Strategic Planning and Management, Business Development, Finance and Investor Relations, Accounting and Auditing, Information Technology, Corporate Communications and Public Affairs, Legal, Strategic Projects, and Social Responsibility. He has 25 years of experience in the Group and today leads the areas of Marketing and Sales, Raw Materials, Procurement, Logistics, Human Resources, and Organizational Development on a global level. Before that he was the Vice-President in charge of the operations in North America (Gerdau Ameristeel) and of the Information Technology process. He also held the position of Chief Operating Officer (COO) at Gerdau Ameristeel, which covered the company´s activities in the United States and Canada. André has been part of the Gerdau Ameristeel Board since 2002. In 2001 he held the position of Business Development Director in Brazil and in 2002 was COO for Group´s activities in Canada, a country where he had worked from 1992 to 1994 as Assistant to the Executive President and Human Resources Manager of Courtice Steel, which today is Gerdau Ameristeel Cambridge. He also performed various functions in the areas of information technology, sales, human resources, and strategic planning. André holds a Bachelor´s Degree in Business Administration from the Catholic University of Rio Grande do Sul (PUCRS). He has also studied General Business Administration at the University of Toronto (Canada), Marketing in Ashridge (England), and Advanced Management at the Wharton School – University of Pennsylvania (United States).
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