Kroton Educacional S.A. (“Company”) hereby informs its shareholders and the market in general that its Board of Directors, at a meeting held today, elected Mr. Luiz Kaufmann as the Chief Executive Officer.
Luiz Kaufmann, 64, holds a degree in mechanical engineering from the Federal University of Paraná and a Master of Sciences in industrial engineering degree from the Illinois Institute of Technology. He has held several executive positions, including Chairman and CEO of Medial Saúde, Partner of GP Investimentos, CEO of Aracruz Celulose, Managing Director of Grupo Multiplic, Vice-Chairman of the Board of Banco Multiplic, Deputy CEO of Grupo Petropar and Managing Director of Arthur D. Little.
Kroton reaffirms the commitment to growth strategy as one of the most important companies in Brazil’s educational segment.
Belo Horizonte, October 23, 2009.
Alicia Maria Gróss Figueiró Pinheiro
Executive Vice President and Investor Relations Officer
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