Shareholders of Brazil’s BRF SA elected Pedro Parente as chairman on Thursday, part of a broad board overhaul targeting a turnaround at the food company in the wake of a food safety probe that caused plant closures, an export ban and a fierce boardroom rift.
Parente, who is currently chief executive of oil company Petroleo Brasileiro SA, said if confirmed on Thursday he would stay on at Petrobras but resign from the board of stock exchange operator B3 SA Brasil Bolsa Balcão.
By Ana Mano and Marcelo Teixeira
A new wave of brands is emerging that promotes indulgence and rejects the notion of sacrifice. Low-maintenance “hangover” beauty products are designed to address the effects of late nights and partying without judgment or hassle, and even include cosmetics that are formulated in a way that means you can fall asleep in your makeup without feeling guilty.
The pilot will allow the company to scale circular packaging in about 18 markets over the next three years, an approach that jumps on the success of similar efforts in the company’s Indonesia ecoSPIRITS program, which launched in 2022 and is active in 38 bars.
Unilever’s focus on purpose across its brands has been a source of criticism from some of its investors. Its new CEO Hein Schumacher says the company now recognises there are some brands where the concept is simply not relevant.