Governance system aligned with global best practices

Odebrecht S.A. is a holding company with a dynamic portfolio of self-sufficient Businesses. It acts as the guardian of the Odebrecht Entrepreneurial Technology (TEO) to ensure that its principles and concepts are practiced by team members and adopted by all Businesses of the Odebrecht Group.

Our contribution to the Sustainable Development Goals

The evolution in our governance supports the development of effective, responsible and transparent institutions within the scope of our activities.

Renewal of the
Board of Directors

In early 2018, the board of directors, which is the main management body of our governance system, underwent a renewal in which four external independent members were included. The members’ selection prioritized a diversity of backgrounds, knowledge and experiences.


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Cledorvino Belini
EXTERNAL INDEPENDENT DIRECTOR
Cledorvino Belini

EXTERNAL INDEPENDENT DIRECTOR

Coordinator of the Compliance Committee

Education: B.A. in Business Administration (Mackenzie) and master’s degree in Finance and Accounting (USP)

  • Former President of Fiat Automóveis for Latin America and served on the Executive Board of the Fiat Group
  • Former President of the National Association of Vehicle Manufacturers (Anfavea)

Ieda Gomes Yell
EXTERNAL INDEPENDENT DIRECTOR
Ieda Gomes Yell

EXTERNAL INDEPENDENT DIRECTOR

Member of the Compliance Committee

Education: B.Sc. in Chemical Engineering (UFBA) and master’s degrees in Environmental Engineering (École Polytechnique Fédérale of Lausanne) and in Energy (USP).

  • Former President of BP Brasil and Vice-president of New Ventures at BP Gas Marketing
  • Former President of Comgás
  • Co-founder of Will Latam, focused on developing women leaders in Latin America

Jorge Marques Camargo
EXTERNAL INDEPENDENT DIRECTOR
Jorge Marques Camargo

EXTERNAL INDEPENDENT DIRECTOR

Member of the Culture, People & Sustainability Committee

Education: B.Sc. in Geology (UnB) and master’s degree in Geophysics (University of Texas)

  • Former President of Braspetro and of Statoil Brasil
  • Chaired the Brazilian Oil and Gas Institute and currently is a member emeritus of its Board of Directors
  • Member of the Board of Grupo Ultrapar and Prumo Logística Global

Roberto Faldini
EXTERNAL INDEPENDENT DIRECTOR
Roberto Faldini

EXTERNAL INDEPENDENT DIRECTOR

Member of the Culture, People & Sustainability Committee

Education: Holds a B.A. in Business Administration (FGV) and completed non-degree programs at Fundação Dom Cabral, INSEAD, Babson College and IBGC.

  • Entrepreneur, consultant in the field of Corporate and Family Governance and Independent Director at several companies.
  • Former President of the Securities and Exchange Commission of Brazil (CVM)
  • Former Executive Officer, Member of the Board and shareholder of the controlling group of Metal Leve S.A.

Ruy Lemos Sampaio
CHAIRMAN OF THE BOARD
Ruy Lemos Sampaio

CHAIR OF THE BOARD

Education: B.A. in Business Administration (UFBA) and master’s degree in Finance and Accounting (University of Michigan)

  • Director of Kieppe, the parent company of Odebrecht S.A.
  • Served as CFO of Tenenge S.A., SLP, Copene and Odebrecht Química
  • “Former International Finance and Investment director at Odebrecht S.A.

Sergio Foguel
VICE-CHAIRMAN OF THE BOARD
Sergio Foguel

VICE-CHAIR OF THE BOARD

Coordinator of the Culture, People & Sustainability Committee
Member of the Compliance Committee
Chairman of the Global Advisory Council
Education: B.Sc. in Civil Engineering (UFRGS) and master’s degree in Business Administration (University of California). He is a fellow at MIT

  • Member of the International Advisory Board of the Dom Cabral Foundation, the Herity International Council (Italy) and the Board of the Parampara Family Business Institute Council( Índia)

Support for
decision-making

To support its activities, the board of directors has advisory committees composed exclusively of certain directors. Holding no decision-making powers, the committees conduct preliminary analyses of the matters and support the board’s decision-making process.

  • Compliance Committee
  • Financial & Investment Committee
  • Culture, People & Sustainability Committee

Global Advisory Council

The board of directors is supported by the Global Advisory Council, which helps to give it a broad and diversified vision of the matters of interest and of the challenges faced by the holding company and the businesses in its portfolio. Created in 2016, the council has made a decisive contribution to matters related to the strategic direction, governance and sustainability of Odebrecht S.A..



POLICY ON CORPORATE GOVERNANCE

Our Policy on Corporate Governance contains the principles, concepts and other governance guidelines applicable to all employees and members of the Board of Directors. The document is also used as a reference to provide guidance for defining governance within our Businesses, which are free to develop and execute the strategies inherent to the nature of their activities.