Management and Board of Directors

Corporate Governance Management and Board of Directors

Board of Directors

Multiplan’s Board of Directors is a collective decision-making corporate body which provides our overall strategic directions and, among other things, is responsible for establishing our general business policies, appointing our executive officers and supervising management, and for appointing our independent auditors.

According to Multiplan’s bylaws, the Board of Directors should meet once each quarter, every year and in any event if the corporate interests require such meeting. The resolutions of the Company Board of Directors are adopted by a majority of votes of the members attending a duly convened meeting.

Pursuant to Multiplan’s bylaws, the Board of Directors must be composed of a minimum of five and a maximum of 10 members, who must be shareholders. The members of the board are elected at the shareholders’ meeting for a one-year term and are eligible for reelection. Any director may be removed at any time by a shareholders’ meeting. Under the Level 2 listing rules, at least 20% of the members of our Board of Directors must be independent board members. The qualification of a director as independent director must be expressly identified in the shareholders’ meeting that elected them.

Directors Title Date of Election End of Term of Office
José Paulo Ferraz do Amaral Chairman April 29, 2016 April 29, 2018
Mr. José Paulo Ferraz do Amaral graduated in Business Administration from Mackenzie University and has a post graduate degree from Getúlio Vargas Foundation, both located in São Paulo (Brazil). Mr. José Paulo worked in Mesbla S.A., from 1971 to 1985, starting his career as a trainee and going up the corporate ladder up to Director of the Department Store dividion. He was the CEO of Lojas Americanas, from 1985 to 1996, actively engaged in the partnership between Lojas Americanas and Walmart with the purpose of setting up the Walmart Company operations in Brazil. Mr. José Paulo attended several courses focused on business management at institutions such as INSEAD, in Fontainebleau, France, and Harvard Business School, in the USA. After leaving Lojas Americanas, he worked together with Banco Pactual in the successful turnaround of Mesbla S.A. More recently, since 1997, he runs an 11,400 hectare soybean and corn plantation in a large property, located in the city of Naviraí, state of Mato Grosso do Sul, Brasil.
Eduardo Kaminitz Peres Member April 29, 2016 April 29, 2018
Vice Chairman of ´s Board of Directors and vice Chief Executive Officer. He has a degree in business administration from Universidade Cândido Mendes and has worked under different titles since 1988, when he joined the Company, being responsible for the creation of CAA – Corretagem e Consultoria Publicitária Ltda.
Leonard Peter Sharpe Member April 29, 2016 April 29, 2018
Graduated in Economics and Business Administration from Waterloo Lutheran University, Canada. Member of the International Council of Shopping Centers and the Building Owners and Managers Association, he was the President of Cadillac Fairview, the company responsible for maintaining the long-term investments of the Ontario Teachers’ Pension Plan (OTPP).
John M. Sullivan Member April 29, 2016 April 29, 2018
Mr. Sullivan is Member of the Company's Board of Directors. Holds a Bachelor degree in Civil Engineering from Concordia University. Joined Cadillac Fairview Corporation Limited in 1998. Prior to becoming President & Chief Executive Officer, Mr. Sullivan held the position of Executive Vice President, Development at Cadillac Fairview.
José Carlos de A. S. Barata Independent Director April 29, 2016 April 29, 2018
Mr. Barata has served as an independent board member on Multiplan’s Board of Directors since June 8, 2007. Mr. Barata received a degree in civil engineering from the Universidade do Brasil in 1963 and a degree in economic engineering from the same university in 1962. Mr. Barata has participated in various training programs for executives, including programs by the following institutions: the World Bank, the Inter-American Bank for Development, Arthur Andersen, the American Management Association and Rensselear Polytechnic Institution. Mr. Barata worked at Furnas Centrais Eléctricas S.A. from 1963 to 1974, where he served as chief financial officer from 1972 to 1974, and at Grupo Bozano from 1974 to 2004, where he served as Chief Executive Officer. Mr. Barata has also served as a member of the board of the directors of various companies from Grupo Bozano, including Grupo Bozano, Anglo American and Berneck Aglomerados.
José Isaac Peres Member April 29, 2016 April 29, 2018
Mr. Peres is the Chief Executive Officer. He has a degree in economics from the Faculdade Nacional de Economia da Universidade do Brasil. He participated and implemented more than 350 real estate developments, with 35 thousand units sold. He conceived and is a founding member of the Brazilian Association of Shopping Centers, or ABRASCE, and also of the Association of Managers of Real Estate Companies (Associação de Dirigentes de Empresas do Mercado Imobiliário).
Duncan G. Osborne Member November 7, 2016 April 29, 2018

Mr. Osborne has a Bachelor degree in Law (LL.B.) from University of Western Ontario, a Master's degree in Finance (M.Fin) from Queen's University and Bachelor in Science (B.Sc) from Trent University. Besides that, Mr. Osborne owns Real Estate Development Certificate from New York University. Mr. Osborne was appointed as Investment Vice President at The Cadillac Fairview Corporation Limited ("Cadillac Fairview"), with mandate from November 2016. Before that, Mr. Osborne held the position of Senior Development Vice President (from July 2015 to October 2016) and Senior Investment Vice President (from November 2011 to July 2015) at Cadillac Fairview.

Board of Executive Officers

Multiplan’s executive officers are their legal representatives, responsible for the Company day-to-day management and for implementing the policies and directives set by the board of directors. Under the Brazilian Corporation Law, each member of the board of executive officers must reside in Brazil, but is not required to be a shareholder. In addition, no more than one-third of the members of the Company Board of Directors may serve as executive officers, which are elected by the Board of Directors for two-year terms, and are eligible for re-election. Any officer may be removed at any time by the Board of Directors before the expiration of their term.

According to the bylaws, the board of executive officers must be comprised of a minimum of two and a maximum of 10 executive officers, including one Chief Executive Officer, one to three vice Chief Executive Officers and the remaining executive officers without specific title. One of the executive officers will be designated as investor relations executive officer.

According to Level 2 regulations, prior to taking office, the members of the Board of Directors must sign a statement acknowledging the listing rules and the arbitration rules, which are part of the Level 2 regulations.

Executive Officers Title Date of Election End of Term of Office
José Isaac Peres Chief Executive Officer April 29, 2016 April 29, 2018
He is the Chief Executive Officer. He has a degree in economics from the Faculdade Nacional de Economia da Universidade do Brasil. He participated and implemented more than 350 real estate developments, with 35 thousand units sold. He conceived and is a founding member of the Brazilian Association of Shopping Centers, or ABRASCE, and also of the Association of Managers of Real Estate Companies (Associação de Dirigentes de Empresas do Mercado Imobiliário).
Eduardo Kaminitz Peres Vice Chief Executive Officer - Operational April 29, 2016 April 29, 2018
He is the vice chairman of the Board of Directors and vice Chief Executive Officer. He has a degree in business administration from Universidade Cândido Mendes and has worked under different titles since 1988, when he joined the Company, being responsible for the creation of CAA – Corretagem e Consultoria Publicitária Ltda.
Armando d'Almeida Neto Vice Chief Executive Officer - Chief Financial and Investor Relations Officer April 29, 2016 April 29, 2018

Chief Financial Officer and Investor Relations Officer at Multiplan since February 2008. He graduated in Business Administration from Faculdade Candido Mendes, Rio de Janeiro, and holds certifications from the National Association of Securities Dealer – NASD. He has 25 years of experience in the financial markets, most of which largely devoted to the international market. He is a former director of Bulltick Brasil Consultoria, member of the Executive Committee of Bulltick Capital Markets, director of Santander Investment Securities in New York and director of Banco Bozano, Simonsen S/A.

Alberto José dos Santos Administrative Officer April 29, 2016 April 29, 2018
Mr. Santos is the director of the Company. He has a degree in accounting from Universidade Cândido Mendes in Rio de Janeiro and a graduate degree in human resources from ISEP – Instituto Superior de Estudos Pedagógicos. He joined Multiplan in 1975 and is currently responsible for accounting, administrative, information technology and human resources areas of the Company.
Marcello Kaminitz Barnes Vice Chief Executive Officer - Development April 29, 2016 April 29, 2018
He is a member of the board and Chief Development Officer. He has a degree in civil engineering from Pontifícia Universidade Católica, received in 1990, in Rio de Janeiro. He joined the Company in 1990 in charge of engineering work and was involved in the center expansion projects, later becoming responsible for the operations area of BarraShopping. He has been responsible for the development of projects in Miami, United States of America and is currently responsible for the real estate area and for the development of new projects.
Last updated on 2016-11-07T19:24:12
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