April 3, 2012

Brazilian dairy company Vigor appoints Mauricio Hasson as CFO

Vigor Alimentos SA, Brazil's fourth-largest maker of yogurt, cheese and margarine has appointed Maurício Hasson as CFO, who will report directly to Vigor CEO Gilberto Xandó.

With over 13 years' experience in investment banking and corporate finance, Maurício worked at Rothschild advising and monitoring important mergers and acquisitions in the past six years. He holds a degree in Industrial Mechanical Engineering from PUC-RJ and an MBA from The University of Chicago Booth School of Business, specialising in analytical finance and strategy.

Vigor Alimentos SA was a subsidiary of JBS SA, the largest animal protein processing company in the world. JBS plans to spin off Vigor dairy unit and list its shares in Sao Paulo and the process is still under review by the regulatory authorities.

"Vigor has a fully professionalized management, comprising a team of the highest level and a Board of Directors formed predominantly by independent and highly qualified members. I am certain that along with Xandó and other members of the team, Maurício will add value to the performance and growth of Vigor over the coming years", said Wesley Batista, CEO of JBS SA.