Richard Lark To Assume New Role
GOL announces management changes
SAO PAULO, Brazil - GOL Linhas Aereas Inteligentes S.A., parent company of Brazilian airlines GOL Transportes Aereos S.A. and VRG Linhas Aereas S.A., announced that effective June 16, 2008, Richard Lark (41) will assume a new role as a member of the Company's board of directors and as an advisor to the Chief Executive Officer, Constantino de Oliveira, Jr. As part of the board, Lark will continue to coordinate several of the Company's policy and operating committees and continue to work closely with senior management.
In his new role, Lark will remain heavily involved in the Company's strategic, financial and operational activities but will transition his responsibilities as Executive Vice President and Chief Financial Officer to three senior members of GOL's current management team.
Anna Bettencourt (41) will assume the role of Finance Director and Investor Relations Officer (IRO) and responsibility as the primary contact for market participants, analysts and investors. Prior to joining GOL in 2007 as Treasurer, Bettencourt spent nine years running the investor relations and capital markets areas of Embraer.
Fabio Pereira (40) will continue in his role as Controller.
William Cattan (36) will continue in his role as Accounting and Tax Director, and assume the role of Principal Accounting Officer.
During Lark's term as finance chief, the company raised over US$2 billion of long-term financing and was one of the first non-U.S. issuers to certify its financial statements in accordance with Section 404 of the Sarbanes Oxley Law of 2002.
"Richard has been a key player in our history, building GOL's financial strength and team, and we are happy that we will be able to draw upon his considerable experience through his participation on our Board and our very important operating committees," said de Oliveira Junior. "We are sure we will have a smooth transition, as Richard put together a very solid structure in our financial area and will continue to give the team his support and advice."
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