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Reuters
Published
Oct 26, 2016
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Brazil's Natura Cosméticos picks new CEO to replace Lima

By
Reuters
Published
Oct 26, 2016

The board of Natura Cosméticos S.A., a Brazilian maker of beauty products, has appointed Joao Paulo Brotto Gonçalves Ferreira as chief executive officer, the company said on Tuesday in a securities filing.

The board said it had accepted the resignation of Roberto Oliveira de Lima. 


Roberto Oliveira de Lima departs as Natura CEO


"During the two years of his administration, Roberto made important signings, formed a solid executive committee, implemented agendas such as scanning, multi-channel and the repositioning of the Natura brand," the company said in a statement.

In April, Natura opened its first physical store in Brazil as part of its offline retail strategy. The maker of beauty products reported a 22% drop in net profit in the second quarter 2016, to R$90.9 million (US$29.18).

 

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