Board of Directors
In accordance with articles 16 and 17 of Minerva´s bylaws, its board of directors is currently comprised of ten members. During periods of absence or temporary unavailability of the president, the vice-president will substitute for him. During periods of absence or temporary unavailability of the president and of the vice-president, the president’s activities will be performed by another member of the board of directors, previously appointed by the president.
The Company´s board of directors is responsible for, among other matters, determining the policies and guidelines of its business, supervising the board of executive officers and monitoring the implementation of the policies and guidelines periodically established by the board of directors. According to Brazilian Corporate Law, the board of directors is also responsible for hiring our independent auditors.
The members of the Company´s board of directors are elected at a general shareholders’ meeting, serving for a two-year term and are eligible for reelection. The members of the Company´s board of directors are subject to removal at any time, with or without cause, at a general shareholders’ meeting.
Minerva´s board of directors meets every three months and whenever an extraordinary shareholders’ meeting is called by the president or by any other member. Each member will have the right of one vote on the resolutions, and the resolutions of the board of directors are voted by a majority of its members.
|Directors||Title||End of term of office|
|Ibar Vilela de Queiroz||Chairman||April 2020|
|Frederico Alcântara de Queiroz||Vice- Chairman||April 2020|
|Matthew James Jansen||Vice- Chairman||April 2020|
|Norberto Lanzara Giangrande Jr.||Member||April 2020|
|Alexandre Lahoz Mendonça de Barros||Member||April 2020|
|Sergio Carvalho Mandim Fonseca||Member||April 2020|
|Gabriel Jaramillo Sanint||Independent Director||April 2020|
|José Luiz Rêgo Glaser||Independent Director||April 2020|
|Salman Abdulrahman Binseaidan||Member||April 2020|
|Abdulaziz Saleh Al-Rebdi||Member|
|Edivar Vilela de Queiroz||Substitute||April 2020|
Ibar Vilela de Queiroz. Mr. Ibar de Queiroz has been a member of the board since May 2, 2007. He is the owner of Auto Posto São Domingos and also develops agricultural and cattle raising business activities.
Frederico Alcântara de Queiroz. Mr. Frederico Queiroz holds a degree in Business and a MBA in Corporate Finance and Management from Fundação Getúlio Vargas and also has a complementary academic background in Negotiation and Foreign Trade. Mr. Fredeirco Queriz started his professional life in 1998, working in the financial market.
Matthew James Jansen. Mr. Matthew James Jansen is Bachelor of Science degree in agricultural economics from the University of Arkansas. Since the beginning of the year 2017, Mr. Matthew James Jansen worked at SALIC and currently holds the position of Salic Chief Executive Officer of Saudi Agriculture & Livestock Investment Company (SALIC). Previously to SALIC, Mr. Matthew James Jansen worked at COFCO International Limited & COFCO Agri Limited as Chief Executive Officer and one of the Member of the Board of Directors. He joined this as head of agricultural trading in May 2015, until January 2017. From 1999 until 2015, Mr. Matthew James Jansen as President-Grain worked for Archer Daniels Midland Company. In this role, he had management responsibilities for the Company’s Grain Group, which includes the Company’s domestic and export grain facilities, grain merchandising operations, destination marketing businesses and ocean freight operations. Mr. Jansen most recently served as President-South American Operations, located in Sao Paulo, Brazil. He joined the Company in 1989 and previously held management positions in the U.S., Europe and Brazil. None of the companies and institutions mentioned above, with the exception of SALIC UK, belong to the economic group of Company. Also, with exception of G3 Global Grain Group and SALIC Canada, none of the companies and institutions mentioned above is controlled by a Company´s shareholder holding, whether directly or indirectly, an interest equal or higher than 5% of the same class or type of share issued by the Company.
Norberto Lanzara Giangrande Jr. Mr. Norberto Lanzara Giangrande Jr. is a founding partner and CEO of Rico Investimentos, currently a partner of Yellow Ventures, Neon (payment means), Agropecuária São Francisco and Blu Empreendimentos Imobiliários. He acted as a general officer of the brokerage company Octo CTVM S/A (a securities broker), and in the last five years also hold the position of executive officer and partner of Link Investimentos CTVM S/A. (a brokerage firm). He is a member of the Board of Directors of Bolsa Brasileira de Mercadorias BBM (a non-profit civil association that organizes and develops negotiation and operation systems for commodities, goods, and services). None of the companies mentioned above, with the exception of the Company, belongs to the same economic group, neither is controlled by a Company´s shareholder holding, whether directly or indirectly, an interest equal or higher than 5% of the same class or type of share issued by the Company. Mr. Norberto Lanzara Giangrande Jr. does not hold a management position.
Alexandre Lahoz Mendonça de Barros. Mr. Barroz holds a degree in agricultural engineering from ESALQ/USP (1990) and a PhD in applied economics from the same university (1999). He began teaching Macroeconomics, Economic Development and Agricultural Economics at ESALQ/USP’s Department of Economics, Business Administration and Sociology in 1995. He has been teaching Agricultural Economics at the Getúlio Vargas Foundation since 2005. A former member of the Board of Directors of Fosfértil, and a sitting member of the Board of Directors of the Schoenmaker/Terra Viva Group and the Otávio Lage Group, Mr. Barros is also a member of the Outside Advisory Committee of the Farming Division of the Brazilian Agricultural Research Company in the Southwest region (EMBRAPA Pecuária Sudeste). He is a member of the Senior Agribusiness Council of the Federation of Industries of the State of São Paulo (FIESP) and an advising partner at MB Agro and Ruralcon Consultoria in Agricultural Management.
Sergio Carvalho Mandim Fonseca. Mr. Sergio Carvalho Mandim Fonseca has a degree in Production Engineering from the Polytechnic School of the University of São Paulo (USP) and completed a specialization course in Strategic Sales Management at the University of Berkeley, Califórnia, USA. and the Advanced Management Program at FDC/INSEAD. He was CEO of BRF S.A. from September 2013 to April 2015 and Vice-President for Brazil of Sadia S.A. from 2004 to 2009. Between 1987 and 2013, he was Planning, Sales and BU Officer at Martins Comércio e Distribuição. He has already been a member of Minerva’s Board of Directors and has also served on the Boards of Excelcior Alimentos, Rio Grande do Sul, and Start Química and ACIUB, in Uberlândia MG, among others. Between 2009 and 2013 he also acted as a Management Consultant.
Gabriel Jaramillo Sanint. Mr. Gabriel Jaramillo holds a marketing degree with an executive MBA from California State University, and Honoris Causa from North Eastern University. Currently, Mr. Jaramillo is member of the board of the Phoenix Group, Cemex Latin America Holding and the Harvard Ministerial Leadership Program. MR. Gabriel was president of Citibank in Colombia and mexico and was presindent of Banco Santander in Colombia, Brazil and United States.
José Luiz Rêgo Glaser. Mr. Glaser Jose joined Noble in August 2011 and holds a Bachelor degree in Business Administration from FGV (Fundacao Getulio Vargas) and a Master degree from Stanford University, Food Research Institute, USA.He brings over 30 years of grains and softs trading, asset management, business development and business management experience, gained primarily at Cargill, where he managed large operations in Switzerland, USA and Brazil. He started his career at SKF Ball Bearings and worked at Madebras, before joining Cargill, where he worked for the last 27 years.His last role at Cargill was General Manager Grains and Oilseeds Supply Chain.
Salman Abdulrahman Binseaidan. Mr. Salman Abdulrahman Binseaidan has a degree in Industrial Management from King Fahd University of Petroleum and Minerals of Saudi Arabia and a master´s degree in International Business from the University of Strathclyde, United Kingdom. During the last five years, he has been with SALIC, and currently holds the position of Investment Vice-President of Saudi Agriculture & Livestock Investment Company (SALIC). Previously to SALIC, Mr. Salman Abdulrahman Binseaidan occupied executive and management positions with governmental bodies and companies in Saudi Arabia, including King Abdullah City for Atomic and Renewable Energy (K.A.CARE), established with the purpose of creating a sustainable future for Saudi Arabia, developing alternative energy sources, Saudi Industrial Development Fund (SIDF), a fund for short and medium term loans oriented to private industrial projects, providing administrative, financial, technical and marketing assistance, with the purpose of increasing the industrial base of region in the Kingdom of Saudi Arabia, Industrialization & Energy Services Company (TAQA), a company that seeks to identify, evaluate and develop projects, and Saudi Basic Industries Corporation (SABIC), a diversified manufacturing company, which is active in production/transformation of chemicals, industrial polymers, fertilizers and metals, being one of largest public companies in Saudi Arabia.
Abdulaziz Saleh Al-Rebdi. Mr. Abdulaziz Saleh Al-Rebdi holds a degree in Industrial Management from the King Fahd University of Petroleum and Minerals, in Saudi Arabia. He is currently a Board member of Saudi Agriculture & Livestock Investment Company (SALIC) and President of ASR Consulting, a company headquartered in Saudi Arabia with a focus on finance consulting, including access to financing, restructuring, merger and acquisition, as well as development of projects for the petrochemical, oil refinery, mining and construction material manufacturing industries. For three years, he held the position of General Manager at NADEC, a company headquartered in Saudi Arabia with a focus on the production of dairy products, being responsible for the company’s restructuring project, which aimed to make it more competitive on the market. This project included the introduction of business resource planning for all manufacturing operations, finances, marketing and sales, restructuring operations around strategic business units, the company relaunching with a new logo and renewed packaging, diversifying the company’s sales by introducing new non-traditional products. None of the companies/institutions above, except for SALIC, are part of the Company’s economic group, or are controlled by a shareholder of the Company who holds, directly or indirectly, interest equal to or higher than 5% of the same class or type of security issued by the Company. In the past five years, Mr. Abdulaziz Saleh Al-Rebdi was not subject to any (i) criminal conviction, even if not final and unappealable; (ii) CVM administrative procedure, even if not final and unappealable or (iii) final and unappealable conviction, in the judicial or administrative level, which has either suspended or prohibited him to practice any professional or commercial activity. Mr. Abdulaziz Saleh Al-Rebdi hereby declares that he is a Politically Exposed Person, in accordance with the applicable regulations, since he, as well as his representatives, relatives and other people closely related to him, does not hold nor have held relevant public positions, jobs or duties, in Brazil or foreign countries, territories and protectorates in the past five years.
Edivar Vilela de Queiroz. Mr. Edivar de Queiroz has been a member of the board of directors since May 2, 2007. He serves as the president of the Beef Industry Syndicate of the State of São Paulo (Sindicato das Indústrias Frigoríficas do Estado de São Paulo), or SINDFRIO, and has also served as the president of ABIEC. Mr. Edivar de Queiroz holds a law degree from Faculdade Municipal de Franca.