Board of Directors, Management and Committees

The Board of Directors is responsible for providing guidance and promoting decisions related to general matters of the Company’s business, as well as monitoring and supervising the performance of our Management Team.

Pursuant to our bylaws, our Board of Directors is composed of a minimum of five and a maximum of seven members. Pursuant to the Novo Mercado listing rules, at least two or 20%, whichever is greater, must be independent members. The term of office is two years, with eligibility for reelection.

Click here to access the Internal Charter of the Board of Directors.

Name Position Election Term of Office
Eduardo Luiz Wurzmann Chairman (Independent Member) 10/08/2020 2022 ASM

Mr. Wurzmann holds a bachelor’s degree in economics from the University of São Paulo (USP) and an MBA degree from the University of Illinois. He completed the Henry Crown Fellowship of Aspen Institute. Mr. Wurzmann has more than 30 years of experience working in large institutions in Brazil, including companies in the textile sector, such as Pancostura Indústria de Máquinas, the educational sector, such as Unext do Brasil, income tax preparation services for individuals, such as H&R Block Brazil, and investment banks, such as Banco de Investimentos Garantia. Between 2000 and 2011, Mr. Wurzmann was CEO of Grupo Ibmec Educacional and, until 2014, he held the position of national manager at H&R Block Brazil. He is also Chairman of the Board of Directors of Locamerica S.A., a member of the board of directors of Mills Engenharia S.A., Yduqs Participações S.A., Alper Consultoria e Seguros S.A., Hospital Israelita Albert Einstein, Descomplica and Rede Alumni. Mr. Wurzmann is also a member of the Advisory Board of Hinode, general secretary of the Israeli Confederation of Brazil (Confederação Israelita do Brasil), a member of the Board of Governors of the University of Tel Aviv and a member of the Fiscal Council of Unibes Cultural. Mr. Wurzmann has been the Chairman and Independent Member of our Board of Directors since October,2020.

Alan Zelazo Member 10/08/2020 2022 ASM

Mr. Zelazo holds a bachelor’s degree in business administration from PUC-RJ, and graduate degrees in finance from UFRJ and marketing from IAG Marketing – PUC-RJ. With 19 years of experience in the energy market, Mr. Zelazo founded Focus Group in 2015. Before 2015, he was a partner at Banco BTG Pactual, where he served as Head Commercial, Trading and Services at the energy desk. He also worked at other energy companies, such as El Paso Energy and EDP, in the energy strategic and commercial areas. Mr. Zelazo is a member of our Board of Directors, CEO and Commercial Vice-President since October, 2020.

Carlos Baccan Netto Member 10/08/2020 2022 ASM

Mr. Baccan Netto holds a bachelor’s degree in business administration from FACAMP – Faculdades de Campinas, an MBA degree from FIA and a master’s degree in water and energy resources planning from the Faculdade de Engenharia Civil da UNICAMP. With over 10 years of experience in the energy market, Mr. Baccan Netto worked in several positions of the Free Energy Market commercial chain. Between 2009 and 2015, he worked at CPFL Energia, where he was part of the trading analysts team, and reached the position of Manager at the energy trading desk, one of the largest in the country. From 2015 to 2017, Mr. Baccan led the trading team of the 2W Energia. In 2017 he became a partner of Focus Group, where he is currently responsible for the purchase and sale of energy at the trading desk. Mr. Baccan Netto is a member of our Board of Directors since October, 2020.

Eduardo Dal Sasso Mendonça Cruz Member 10/08/2020 2022 ASM

Mr. Cruz holds a bachelor’s degree in business administration from ESPM – SP and a specialization degree in new business and entrepreneurship from FGV-SP. Mr. Cruz has extensive experience as an executive and partner of the companies Bravo Açaí and PFG Franquias, which are active in the areas of project structuring and new businesses, with over 15 years of experience in complex international negotiations, financial and operational structuring of projects. He also has more than seven years of experience in M&A, he was the head of proprietary transactions for capturing and allocating resources in seed capital and growth capital, in addition to actively participating in the sale of assets to investors. Mr. Cruz is a member of our Board of Directors and Business Development Officer since October, 2020.

Rubens Brandt Member 10/08/2020 2022 ASM

Mr. Brandt holds a bachelor’s degree in mechatronic engineering from Universidade de São Paulo (USP) and an MBA degree from Fundação Dom Cabral. He is founding partner of Grupo Energia and has over 25 years of experience in the electrical sector, working in technical and executive positions at international companies such as ABB and Alstom in Brazil, as well as in France and Sweden. He served as a member of the board of directors of Enex O&M de Sistemas Elétricos Ltda. for five years until 2011, on the board of directors of Altus Sistemas de Automação S.A., in 2012 and 2013, and on the board of directors of Renova Energia S.A. in 2010, and as an alternate member in the following years until 2013. Mr. Brandt is a member of our Board of Directors since October, 2020.

Dario Almeida Albagli Independent Member 12/14/2020 2022 ASM

Mr. Albagli holds a degree in Business Administration from the University of São Paulo, with an Executive MBA in Finance from IBMEC and a Master’s degree in International Management for Executives from the American School of International Management. He has extensive experience in companies from the energy sector, having worked at Alcoa Alumínio S.A., between 1996 and 2017, during which he participated in the development of the petrochemical market in Brazil, having worked at Alcoa Europe, in the period between 2004 and 2006. At Alcoa Alumínio S.A., he held the position of Energy Director between December 2012 and February 2014 and Energy & Government Affairs Executive Director between March 2014 and February 2017, during which he held the positions of member of the board of directors of the Brazilian Association of Large Energy Consumers and Free Consumers – ABRACE (Associação Brasileira dos Grandes Consumidores de Energia e Consumidores Livres), of the Brazilian Association of Energy Self Producers – ABIAPE (Associação Brasileira dos Investidores em Autoprodução de Energia), board member of Consortium Estreito, SEFAC (Serra do Facão Energia S.A.), Maesa (Metalúrgica Abramo Eberle S.A.) and the Brazilian Aluminum Association (ABAL), Chairman of the board of directors of BAESA (Energética Barra Grande SA) and President of Instituto Alcoa. He held the position of Regulatory and Expansion Director at Eneva S.A., between February and May 2017. In October 2017, he founded Fator Energy, a company that sells and negotiates energy and offers strategic consultancy to large consumers and power self-producers, where he holds the position of Chief Executive Officer. Mr. Albagli is an independent member of our Board of Directors since December, 2020.

The Executive Board is responsible for performing the acts necessary for the regular operation of the Company and for executing the resolutions of the Board of Directors and the General Meeting, pursuant to the Bylaws.

Our board of executive officers consists of a minimum of three and a maximum of eight members, shareholders or not, elected by Board of Directors, with a term of office of two years with eligibility for reelection.

Click here to access the Internal Rules of the Executive Board.

Name Position Election Term of Office
Alan Zelazo CEO & Commercial VP 10/08/2020 2 years

Mr. Zelazo holds a bachelor’s degree in business administration from PUC-RJ, and graduate degrees in finance from UFRJ and marketing from IAG Marketing – PUC-RJ. With 19 years of experience in the energy market, Mr. Zelazo founded Focus group in 2015. Before 2015, he was a partner at Banco BTG Pactual, where he served as Head Commercial, Trading and Services at the energy desk. He also worked at other energy companies, such as El Paso Energy and EDP, in the energy strategic and commercial areas. Since October, 2020, Mr. Zelazo is a member of our Board of Directors, CEO and Commercial Vice-President.

Alexandre Mafra Guimarães CFO and Investor Relations Officer 01/05/2021 10/08/2022

Mr. Alexandre is Graduated in Electrical Engineering at Universidade Federal de Minas Gerais (UFMG) and post-graduated in Business Finance at Fundação Getúlio Vargas (FGV), with extension courses at INSEAD and at Harvard University, Mr. Alexandre Mafra started his career at Ambev, where he worked for 13 years and assumed several executive positions. Mr. Mafra also served as CFO and Human Resources Director of Totvs, as CEO of São Miguel, holding of 3 Corações, where he also assumed the position of Director, and, in recent years, has served as Managing Director and CFO of the private equity area of Pátria Investimentos and as a member of the Board of Directors of Lavoro Agro, Athena Saúde, Alphaville Urbanismo and Tenco Shoppings Center.

Eduardo Dal Sasso Mendonça Cruz Business Development Officer 10/08/2020 2 years

Mr. Cruz holds a bachelor’s degree in business administration from ESPM – SP and a specialization degree in new business and entrepreneurship from FGV-SP. Mr. Cruz has extensive experience as an executive and partner of the companies Bravo Açaí and PFG Franquias, which are active in the areas of project structuring and new businesses, with over 15 years of experience in complex international negotiations, financial and operational structuring of projects. He also has more than seven years of experience in M&A, he was the head of proprietary transactions for capturing and allocating resources in seed capital and growth capital, in addition to actively participating in the sale of assets to investors. Mr. Cruz is a member of our Board of Directors and Business Development Officer since October, 2020.

Henrique Coelho Casotti Risk & Regulatory VP 10/08/2020 2 years

Mr. Casotti holds a bachelor’s degree in electrical engineering from Universidade Federal de Minas Gerais (UFMG) and a graduate degree in finance and controllership from IBMEC. He has over 11 years of experience in the energy market, having served between 2015 and 2019 as Research, Risk and Regulation Officer at Clime Trading, currently 2W Energia. Between 2012 and 2015, Mr. Casotti worked as an Energy Consultant at Votorantim Energia and, between 2010 and 2012, as a Senior Analyst in the energy area at USIMINAS. Since October, 2020, Mr. Casotti is Risk and Regulatory Vice-President.

The Board meeting held on October 8, 2020, approved the constitution of four non-statutory advisory committees to the Board of Directors:

Audit Committee

Click here to access the regulations of the Audit Committee

Investment and Finance Committee

Click here to access the regulations of the Investment and Finance Committee

Human and Management Committee

Click here to access the regulations of the Human and Management Committee

Implementation Committee

Click here to access the regulations of the Implementation Committee