Gerdau Announces New CFO
07/20/2012 - Gerdau announced that its Executive Vice President and CFO, Osvaldo Burgos Schirmer, will retire on 31 December 2012, after 26 years of service with the company.
Gerdau announced that its Executive Vice President & CFO and member of the company's Executive Committee, Osvaldo Burgos Schirmer, will retire on 31 December 2012, after 26 years of service with the company.
Throughout his career at Gerdau, Schirmer contributed to the evolution of Gerdau's financial policies, with a strategic vision in the evaluation of markets and risks, as well as its capacity for dialogue and relationship with the financial markets.
The position as of January 2013, will be occupied by André Pires de Oliveira Dias, currently the Vice President, Finance of the Long Steel North America business operation, based in Tampa, Fla. Andre Pires will also join the Gerdau Executive Committee and report to the company's CEO, André B. Gerdau Johannpete.
His process of integration into his new activities will start this fall and will be supported by Osvaldo Schirmer until December 2012 in order to ensure a proper transition.
Pires holds a Bachelor's Degree in Business Administration from Fundação Getúlio Vargas with a specialization in Finance. He joined the Company in November 2004 as Investment Director, responsible for the Family Office and the management of Gerdau’s cash and financial investment. In April 2010 he relocated to the United States where he has been carrying out his current duties.
Gerdau, headquartered in Brazil, is a leading provider of long steel in the Americas and a leading supplier of specialty steel in the world. With over 45,000 employees it has manufacturing operations in 14 countries - in the Americas, Europe and Asia - which have a total installed capacity exceeding 25 million tons per year. It is the largest recycler in Latin America, recycling millions of tons of scrap steel each year, reinforcing its commitment to sustainable development in the region.
