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Valinhos, October 31, 2011 - Anhanguera Educacional Participações S.A. ("Company") hereby informs its shareholders and the market in general that Mr. Alexandre Silveira Dias has resigned from his position as the Company’s Chief Executive Officer, and that his resignation was accepted by the Board of Directors in the meeting held today.
The Company informs that Mr. Alexandre Silveira Dias will continue to contribute to the Company’s business development with his experience, having been invited to participate, effective as of this date, in the Board of Directors as a listener and an advisor, to offer support during Board meetings, and will also be nominated to be elected as an effective member of the Board of Directors.
Mr. Ricardo Leonel Scavazza was elected by the Board of Directors to replace Mr. Dias as the Company’s Chief Executive Officer, leaving his previous position of Chief Financial Officer. Mr. Scavazza joined the Company’s management in 2003, serving as Chief Executive Officer between 2009 and 2010, and has deep knowledge about the Company’s business.
The Board of Directors also elected Mr. José Augusto Gonçalves de Araújo Teixeira as the Company’s Chief Financial Officer. Mr. Teixeira will maintain his previous responsibilities as Chief Planning Officer and Investor Relations Officer, but his position will be hereinafter referred to as Chief Financial Officer and Investor Relations Officer. Mr. Teixeira joined the Company’s management in 2004 and has deep knowledge about the Company’s business.