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Management & Board of Directors


Board of Directors

Marfrig's board of directors is a collective decision-making body responsible for the formulation and monitoring for implementation of overall business policies, including its long-term strategy. It is also responsible, among other attributions, for the appointment and supervision of the Company's officers and for the engagement of independent auditors. 

According to Marfrig's by-laws, the Board of Directors of the Company must have at least five and a maximum of eleven members, all of them elected by a General Shareholders' Meeting, with joint term of two fiscal years, and possible to be reelected.

Under the Novo Mercado Regulation, at least 20% of the members of the Company's Board of Directors shall be Independent. Marfrig's board members must also subscribe to, prior to taking office, the administrators' instrument of Consent, as established in the Novo Mercado regulations

Board Members Title Date of Election End of Term View Resumes
Marcos Antonio M. dos Santos Chairman  Apr. 26, 2019 GSM of 2021  
Marcia A. P. Marçal dos Santos Board Member Apr. 26, 2019 GSM of 2021  
Rodrigo Marçal Filho Board Member Apr. 26, 2019 GSM of 2021  
Alain Emilie Henry Martinet Board Member Apr. 26, 2019 GSM of 2021  
Antonio Maciel Neto Independent Board Member Apr. 26, 2019 GSM of 2021  
Roberto Silva Waack Independent Board Member Apr. 26, 2019 GSM of 2021  
Herculano Anibal Independent Board Member Apr. 26, 2019 GSM of 2021  
Roberto Faldini Independent Board Member Apr. 26, 2019 GSM of 2021  

Marcos Antonio Molina dos Santos

Mr. Molina dos Santos is the chairman of Marfrig's board of directors. He has worked in the beef sector since the age of 16, when he opened his first business. Until the beginnign of 2014, Mr. Molina dos Santos had been the Company's chief executive officer since the incorporation of the Company.

Ernesto Lozardo

Ernesto Lozardo has bachelor's and master's degrees in business administration from the New York University, and a bachelor's degree in economics from Columbia University, USA. He has been on the board of directors of Fibria Celulose S.A. since September 2016. Since June 2016, he has been chairman of the Institute for Applied Economic Research (IPEA), a federal research foundation. From September 2011 to June 2016, he served as advisor to the chairman of the Brazilian Development Bank – BNDES (Brazilian federal government development bank). Earlier, he served as Director of Planning at Caixa Seguros Seguradora (which operates in the insurance, pension plans, consortia and savings bonds segments) from 2000 to 2002, and as Chief Executive Officer of the São Paulo State Data Processing Company – PRODESP (an IT company of the São Paulo state government), in 1994. From 1992 to 1994, he served as Secretary of Planning, Economy and Administration in the Government of the State of São Paulo. He has also been Professor of International Economics, Macroeconomics, Brazilian Economy and Finances, Currencies and Banks at FGV – School of Business Administration of São Paulo, since 1978. Mr. Ernesto Lozardo is considered a Politically Exposed Person, under the terms of the applicable regulations, since he has held a relevant public function in the last 5 (five) years in the BNDES - National Bank for Economic Development, as well as President of the Institute of Applied Economic Research - IPEA.

Ian David Hill

Mr. Ian David Hill, 65, holds a B.A. in Economics and Rural Administration from the Royal Berkshire College of Agriculture, United Kingdom, and holds technical certification in bovine management and health; crop management; and administration and maintenance of tractors and agriculture machinery from the City and Guilds, London. He served as Chairman of the Board of Usina Benalcool S/A Álcool e Açúcar (Bento de Abreu-SP) from 1992 to 2007. He was Director of the São Paulo State Cattle Raising Development Fund (FUNDEPEC SP) from 1996 to 2003. He was Secretary-Director of the Rural Employers Union of Valparaíso-SP from 1993 to 1995. He was Technical Director of the São Paulo Association of Nelore Cattle Farmers from 1995 to 1998. He was as member of the Board of Directors of Usina de Etanol e Açúcar GASA – Guanabara Agroindustrial S/A in Andradina-SP from 1996 to 2000. He was CEO of Grupo Delta-G (Norte) from 2000 to 2008. He currently is a director on the board of Genoa Biotecnologia S.A. (since 2004), an executive officer and director on the board of Da Mata S/A – Açúcar e Álcool in Valparaíso-SP (since 2006), director of the cattle farming chamber of the Brazilian Rural Society (since 2009) and actively participates in the management of Agropecuária Jacarezinho LTDA. He is a Director of the Nuffield Trust (Brazil), which fosters research abroad for young agribusiness professional.

Roberto Silva Waack

Mr. Roberto Silva Waack is a Biologist (IB-USP) and Master in Business Administration (FEA-USP). He is President of Fundação Renovan, an organization created to manage repairs following the collapse of the Fundão Dam in Mariana, Minas Gerais. His is founder, shareholder and former CEO and subsequently Chairman of the Board of Amata S.A. (www.amatabrasil.com.br), a forestry company engaged in the stewardship and cultivation of native and exotic species. He has long experience as an executive of Brazilian and multinational companies in the pharmaceutical and forestry industries, as general director and in the technology, marketing and planning areas. As an entrepreneur, he is engaged directly in the private placement and creation of management and governance structures. He participates actively on the board of directors of organizations such as Wisewood (recycled plastics), CHS Agroindustrial (grain trading), Global Reporting Initiative (GRI), Forest Stewardship Council (FSC), Brazilian Corporate Governance Institute (IBGC), Instituto Ethos, Fundo Brasileiro de Biodiversidade (Funbio), ISE-Bovespa and WWF. He has been engaged directly in environmental and social movements since the 1980s, always acting at the interface between the private sector and NGOs. He holds a B.Sc. in Biology from IB-USP and an MBA from FEA-USP. Previously he served at the following organizations: Amata S.A. (Chairman of the Board, 2013-2015); CHS Agronegócio Ltda. (Advisory Board, 2014-2016); Brazilian Corporate Governance Institute - IBGC (Director, 2014-2016); Global Reporting Initiative – GRI (Director, 2010-2016); Instituto Ethos (Director, 2013-2016); WWF Brasil (Director and Chairman of the Board, 2014-2016); Instituto Ipê (Director, 2012-2016); BOVESPA Corporate Sustainability Index - ISE (Advisory Board, 2014-2106); Enterprises for Climate Initiative - EPC/FGV (Advisory Board, 2011-2016); Rede Amigos da Amazônia - RAM (Advisory Board, 2008-2014); Fundo Brasileiro para a Biodiversidade - FUNBIO (Director, 2009-14); Forest Stewardship Council – FSC (Director, 2006-12; Chairman of the Board, 2008-10); Steering Committee of the Amazon Alternative – IDH The Sustainable Trade Initiative – Holland (2011-14); Instituto para a Agricultura Sustentável - ARES (Chairman of the Board, 2007-11); Global Campaign for Climate Action - Brazilian Section (Advisory Board, 2009-10); Grupo Orsa Holding (Advisory Board, 2005-06); Centro de Referencia para Informação Ambiental - CRIA (Director, 2005-11); Forest Stewardship Council Brazilian Initiative (Director, 2005-07); Ybios, a joint venture of Orsa, Natura and Centroflora for R&D in products from biodiversity (Founder and Director, 2004-06); Plantations Review Group at Forest Stewardship Council (2004-05); Foundation Institute of the Business and Economics School of the University of São Paulo (FIA/USP) ; PENSA Agribusiness Program at FEA-USP (Advisory Board, 2001-06). His appointment as member is subject to formal confirmation by the shareholder BNDES Participações S.A. under the Shareholders’ Agreement.

Herculano Aníbal Alves

Mr. Herculano Aníbal Alves, 66, holds a B.Sc. in Economics from Pontifical Catholic University of Sao Paulo (PUC-SP) (1980), completed a non-degree program in Financial Administration at the Getúlio Vargas Foundation (FGV) (1983), received a master’s degree in Finance and Investment from FGV (1989), and completed an extension program at Kellog University. He also completed an executive education program in Risk, Compliance and Governance at the Risk University of KPMG. He is certified as a Portfolio Manager by the Securities and Exchange Commission of Brazil (CVM) and a Certified Professional by the Brazilian Financial and Capital Markets Association (Anbima-CGA) Previously he worked in the financial industry as investment director, stock manager and credit analyst at BRAM - Bradesco Asset Management, ABN AMRO, Unibanco and Banco Bozzano Simonsen, and in the administrative and financial areas of Empresa de Onibus Vila Carrão. At the former three companies, he was a member of the Credit and Investment committees and on the BRAM monthly committee at Banco Bradesco. Director at Tim Brasil (2015 to present) and at Marfrig Brasil Foods (2015 to Nov/16). Member of the Audit Board at Cielo (2015 to present), Grendene (2015 to present), Grupo Fleury and Ecorodovias (2018 to present), Gerdau (2017-18), Fundo de Private Equity de Tecnologia da GP (2001-05), Fundo de Valor e Liquidez da Bradesco Templeton (1998-01) and alternate member at Fundo de Private Equity da 2Bcapital (2013 to Jan/19). Partner at Araxá Investimentos (2015-16) and Barigui Gestão de Recursos (Nov/16 to present). Member of the Bylaws Audit Committee at Tim Brasil, Chairman of the Risk and Financial Specialist Committee. Participation in various associations, including member of the Mergers & Acquisition Committee (2015-18), Analyst Supervisory Board (2016 to present) and Association of Capital Markets Investors - AMEC (2011-16), Chairman of the Stock Funds Committee of Brazilian Financial and Capital Markets Association - Anbima (2012-16) and Board Member and Technical Director at Abamec, currently the Capital Market Professionals and Investors Association - Apimec (1988-92). He has participated as a lecturer at events hosted by APIMEC, Investidor Profissional and Info Money. He has given interviews to Bloomberg TV and to the newspapers: Valor, Estadão, Folha de São Paulo and O Globo, and to the periodicals: Exame and Istoé Dinheiro, and to various websites. His appointment as member is subject to formal confirmation by the shareholder BNDES Participações S.A. under the Shareholders’ Agreement. 

Márcia Aparecida Pascoal Marçal dos Santos

Ms. Santos is a member of Marfrig's board of directors. She has large experience with the Company and from 2000 to 2006 was in charge of its financial and its internal audit teams.

Rodrigo Marçal Filho

Mr. Marçal Filho is a member of Marfrig's board of directors. His professional life has been connected to the agribusiness area, having worked as farm manager until May 2000, when he joined the Company. He was responsible for the purchase of cattle and later became its officer in charge of infrastructure.

Alain Emilie Henry Martinet

Mr. Alain Emile Henri Martinet has been an independent director of the Corporation since December 2009. A French national, he has worked in the animal protein industry for over 30 years, having managed the international team of the meats department at Louis Dreyfus Corporation USA (1978 to 1984). He was general manager (1985 to 1991) and commercial director (1991 to 1992) at the meatpacker Frigorífico Rio - Platense. He served as executive officer at SWIFT Argentina for five years, starting in 2001. Mr. Martinet joined the Corporation in October 2006 and has served as the executive officer responsible for the Argentina operations, for the trading houses and for the U.S. operations of the Marfrig Group.

David G. McDonald

Mr. McDonald is a member of Marfrig's board of directors. He is also member of OSI Group's board of directors. He joined the Marfrig's board of directors in 2008 after the company had acquired the OSI Group operations in Europe and in Brazil. Mr. McDonald holds a degree in Animal Science from Iowa State University, in 1987, when he joined OSI Industries, a multi-national food processing company with 70 facilities in 38 countries (www.osigroup.com), as Project Manager and currently holding the position of President and Chief Operating Officer.

Antonio Maciel Neto

Mr. Maciel Neto has been an independent director of the Corporation since May 2007 and is currently an entrepreneur in the cattle raising, biotechnology and executive education sectors. He has served as CEO of the CAOA Group (2013 to 2017), Suzano Papel e Celulose (2006 to 2012), Ford in Brazil and South America and as Corporate Vice-President of Ford (1999 to May 2006). He also served as CEO of the Itamarati Group (1997 to 1999) and CECRISA – Revestimentos Cerâmicos (1993 to 1997). From 1990 to 1993, he held various positions in the Federal Government in Brasília, serving in the Ministry of Economy as Deputy Director of the Industry and Commerce Department and as Deputy National Economic Secretary. When the Ministry of Industry, Commerce and Tourism was created, he served for eight months as Executive Secretary (Vice-Minister). During those three years, he served as technical coordinator of the Brazilian Quality and Productivity Program (PBQP). He began his career at Petrobrás in 1980, where he worked for 10 years. He served on the Board of several companies, including Archer Daniels Midland Company (ADM) and Suzano Papel e Celulose. He currently serves on the Board of Execution, an advertising agency. Mr. Maciel Neto received a bachelor's degree in Mechanical Engineering from the Federal University of Rio de Janeiro (UFRJ) in 1979.

Carlos Geraldo Langoni

Professor Carlos Geraldo Langoni has been an independent director of the Corporation since May 2007.

He earned a Ph.D. in Economics from the University of Chicago in 1970, when he presented a pioneering thesis on the social profitability of education investments in Brazil.

He was president of the Central Bank of Brazil (1980-83). He served as CEO and Partner of Projeta Consultoria Financeira, which is associated with the group NM Rothschild & Sons Limited, a leading company in the country’s privatization process of the 1990s.

He is Director of the Global Economy Center of the Getúlio Vargas Foundation (FGV) and President of the consulting firm Projeta Consultoria Econômica, which focuses on investment strategy and macroeconomic scenarios (Aide Memoire / Brazil Memo).

He has published nine books, the latest of which is “Development Crisis: Blueprint for Change,” prefaced by Paul Volcker.

Marcelo Maia de Azevedo Correa

Mr. Correa is an independent Board Member. He is currently the chief executive officer of Grupo Neoenergia S.A., a member of the board of directors of the National Operator of Electric System (Operador Nacional do Sistema Elétrico), or ONS, Coelba, Cosern, Celpe, Itapebi, Termopernambuco, PCH I, Afluente, Goiás Sul and Baguari I. He was also the chairman of VCB Energia S.A. from 1997 to 2004 and of the board of directors of CPFL - Piratininga from 2001 to 2002 and a member of the fiscal council of RGE - Rio Grande Energia from 1997 to 1999 and CPFL - Paulista. Mr. Correa holds a degree in civil engineering from PUC/RJ and has a MBA in Finance from IBMEC.

Roberto Faldini

Mr. Roberto Faldini, 69, holds a B.A. in Business Administration from the School of Economics and Business Administration at the Getúlio Vargas Foundation - EAESP-FGV (1972). He completed non-degree programs in Advanced Management at the Dom Cabral Foundation and at INSEAD – Fontainebleau, France (1991), in Entrepreneurship at Babson College – Boston (2004), and in Corporate Governance Board Leadership – TOT (Training of Trainers) at the International Finance Corporation (IFC) and Brazilian Corporate Governance Institute (IBGC). He is the co-founder of the Brazilian Corporate Governance Institute - IBGC (1995), an organization dedicated to promoting and disseminating corporate governance principles in the country, and is an associate member of the Brazilian Institute of Financial Executives (IBEF) and the Family Business Network (FBN) in Brazil. He was executive officer, shareholder and director at Metal Leve S.A., a producer of automotive parts, where he served as chief financial officer and investor relations officer from 1980 to 1992 and as a director from 1993 to 1996. He served as president of the Securities and Exchange Commission of Brazil (CVM) in 1992. He also was director for São Paulo of the Family Business Center (PDA) at the Dom Cabral Foundation (2002-07). Over the course of his career, he has served as independent director on the board of directors or advisory boards of various companies, which include: a) Bovespa – Bolsa de Valores de São Paulo; b) CPFL – Companhia Paulista de Força e Luz S.A.; c) KlickNet S.A.; d) Inpar S.A. ; e) Sadia S.A./BRF S.A; f) Grupo Everest de Hotéis; g) EMIBRA Indústria de Embalagens Gráficas Ltda. He is an arbiter at the Market Arbitration Chamber of the São Paulo Stock Exchange (B3). He currently is a director at the following companies: a) VULCABRAS|AZALEIA S.A. (since 2011); b) Banco BMG S.A. (since 2013); d) Metalúrgica Golin S.A. (Chairman) since April 2016; and  e) Marfrig Global Foods since December 2016.

Board of Executive Officers

Fiscal Council

Support Committees