New board of Brazil's BRF likely to keep top executives -sources

From Reuters - April 16, 2018

SAO PAULO, April 16 (Reuters) - Top executives at Brazilian food processor BRF SA are likely to stay in charge after a new board is elected this month, three people close to the matter said, in a sign of confidence from key shareholders that they can pull off a turnaround at the struggling food company.

The current management is not to blame for its predicament, said one of the sources on condition of anonymity. The current team has a clear vision of what needs to be done. (Reporting by Alusio Alves and Ana Mano Writing by Ana Mano Editing by Chizu Nomiyama)


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