Reasons Unknown

TAM Airlines chairman calls it quits

Commander David Barioni Neto / Image via sp.gov.br

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TAM airlines reported today that Commander David Barioni Neto resigned today from his position as the company's chairman. Reasons for the resignation were not given.

The current vice president of finance, management, and IT and chief executive officer of investor affairs, Libano Miranda Barroso, a member of the company's board of directors since 2004, has temporarily taken over the position. Libano Barroso has held executive positions at large finance institutions for 17 years. He has also held an executive officer position at Companhia de Concessoes Rodoviarias for six years.

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