SÃO PAULO, Brazil--(BUSINESS WIRE)--Arco Platform Limited, or Arco (Nasdaq: ARCE), announced today that it has appointed Paula Soares de Sá Cavalcante to its Board of Directors, effective as of today.
The appointment of Ms. Cavalcante, a shareholder from Arco’s founding family, is part of a long-term succession plan for Mr. Oto de Sá Cavalcante and reinforces the family’s long-term commitment to Arco.
Ms. Cavalcante holds a bachelor’s degree in Business Administration from the University of Fortaleza and a postgraduate degree in Finance from Insper. She worked at Deloitte in the auditing and mergers and acquisitions areas for 4 years.
Arco’s Board of Directors is now composed of three members of the controlling family, including its non-executive Chairman, its CEO, and Ms. Cavalcante, and seven independent members, resulting in a diversity of skills and experience to enhance Arco’s decision-making and accelerate its mission of delivering high quality education at scale:
Name |
Position |
|
Oto Brasil de Sá Cavalcante |
Chairman |
|
Ari de Sá Cavalcante Neto |
Director |
|
Paula Soares de Sá Cavalcante |
Director |
|
Beatriz Amary |
Independent Director |
|
Carla Schmitzberger |
Independent Director |
|
David Peixoto dos Santos |
Independent Director* |
|
Edward Ruiz |
Independent Director* |
|
Martin Escobari |
Independent Director |
|
Pablo Doberti |
Independent Director* |
|
Stelleo Tolda |
Independent Director |
* Member of Arco’s Audit Committee.
About Arco Platform Limited (Nasdaq: ARCE)
Arco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning methodology, proprietary adaptable curriculum, interactive hybrid content, and high-quality pedagogical services allow students to personalize their learning experience with while enabling schools to thrive.
Forward-Looking Statements
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