Board of Executive Officers
The Board of Executive Officers, whose members shall be elected and can be removed from office at any point in time by the Board of Directors, is composed of at least two (2), and at most, eight (8) members. These members include one Chief Executive Officer, one Investor Relations Officer, one Chief Operating Officer, one Digital Officer, one Chief Financial Officer, one People and Management Officer, one Marketing and Retail Officer and one Executive Officer. The Chief Executive Officer and Investor Relations Officer positions are mandatory, and all other positions are optional. Officers can also hold multiple positions.
Fernando Tracanella holds a degree in Business Administration from PUC-SP and an MBA in Business Management from FGV-SP, as well as a Corporate Board Member Certification from the Brazilian Institute of Corporate Governance (IBGC). He has more than 25 years of experience in the financial sector, developed in investment banks (equity research), including at Deutsche Bank, and in the retail and healthcare sectors. During his 17 years at Grupo Pão de Açúcar, he held several executive positions in the finance area, and for 3 years he served as Chief Financial Officer of two portfolio companies of Pátria Investimentos’ private equity division.
Frederico holds a degree in Business Administration from FGV-SP, completed the ‘Machine Learning: Implementation in Business’ program at MIT Sloan, and Harvard’s Owner President Management program (OPM54). Frederico is a founding partner of Track&Field and has more than 35 years of experience in the retail market. While still in high school, together with Alberto Azevedo and Ricardo Rosset, he began selling sports T-shirts, and in 1988 they jointly founded Fratex Indústria e Comércio Ltda, now Track&Field Co. Having led the Company’s management ever since, he joined the Board of Directors in 2020. Additionally, he is an Endeavor mentor and a member of the São Paulo chapter of YPO, and also serves as a member of the Advisory Board of Gocase.com through Endeavor.
Patrícia Abibe holds a degree in Business Administration and Foreign Trade and earned an MBA in Financial Management, Controllership, and Auditing from FGV-SP. Over the past ten years, as Head of Controllership, she led T&F’s budgeting control and management processes, ensuring a solid capital structure (without leverage) and highly profitable financial performance. In addition, she actively participated in the company’s IPO process in 2020. With 25 years of experience in the retail sector, she has worked in administrative and financial roles at companies such as Grupo VR and Speedo. In addition to her background in financial and tax planning, she has expertise in implementing and monitoring organizational best practices, as well as supporting audits and internal committees.
Selda Klein holds a degree in Psychology and an MBA in Business Management from FGV. She specializes in Psychology (Gestalt Therapy) and has completed courses in Cool Hunting (Trend Identification) and other programs focused on human behavior. She has worked in the retail industry for over 20 years, leading digital and cultural transformation initiatives and projects. She is a career mentor for women and has worked for corporations such as C&A and Walmart.
Luiz has more than 28 years of professional experience, working for global leaders in the consumer goods industry and in Brazilian retail. His career has been marked by leadership in transformation projects in Sales, Supply Chain, and Finance, as well as by driving the digital transformation of retail, from mapping the consumer journey to delivering a personalized omnichannel experience. He has worked at companies such as Tok&Stok, Diageo, Casa&Vídeo, and Souza Cruz. He holds a degree in Mechanical Engineering from Fluminense Federal University and MBAs from ESPM and Fundação Dom Cabral.
Vicente holds a degree in Business Administration with a specialization in Marketing from ESPM-RJ and has more than 20 years of experience in Supply Chain and Market Intelligence, having worked at multinational companies such as Nielsen (market research), SC Johnson (household consumer goods industry), and fashion retailers operating throughout Brazil, such as Lojas Renner and C&A. As an executive, he has been responsible for several transformation projects and initiatives aimed at increasing end-to-end supply chain responsiveness, logistics operations, planning, inventory management, and omnichannel replenishment.
Board of Directors
Our Board of Directors is composed of at least five (5), and at most, seven (7) members, to be elected and removed from office by Shareholders’ Meeting, with a combined two year term of office, considering each year as the period between two Annual General Meetings, and re-election is authorized. Out of members of the Board of Directors, at least two, or twenty percent, whichever is the highest, shall be independent board members, according to the definition of the Company’s bylaws, and the characterization of nominees to the Board of Directors as independent board members shall be resolved at the Shareholders’ Meeting to elect them, also considering as independent, the board member elected as authorized by a provision of Article 141, Paragraphs 4 and 5 of the Brazilian Corporation Law, with the assumption there is a controlling shareholder. It is worth noting that the Chairman of our Board of Directors is independent.
Frederico holds a degree in Business Administration from FGV-SP, completed the ‘Machine Learning: Implementation in Business’ program at MIT Sloan, and Harvard’s Owner President Management program (OPM54). Frederico is a founding partner of Track&Field and has more than 35 years of experience in the retail market. While still in high school, together with Alberto Azevedo and Ricardo Rosset, he began selling sports T-shirts, and in 1988 they jointly founded Fratex Indústria e Comércio Ltda, now Track&Field Co. Having led the Company’s management ever since, he joined the Board of Directors in 2020. Additionally, he is an Endeavor mentor and a member of the São Paulo chapter of YPO, and also serves as a member of the Advisory Board of Gocase.com through Endeavor.
Ricardo studied Engineering at FAAP and pursued a career in motorsports, becoming a former Formula 1 driver. He is a founding partner of the brand and has more than 30 years of experience in the retail market. While still in high school, together with Alberto Azevedo and Frederico Wagner, he began selling sports T-shirts, and in 1988 they jointly founded Fratex Indústria e Comércio Ltda, now Track&Field Co. Having led the Company’s management ever since, he joined the Board of Directors in 2020.
Alberto holds a Law degree from Mackenzie and completed the ‘Making Corporate Boards More Effective’ program at Harvard Business School. He is a founding partner of the brand and has more than 35 years of experience in the retail market. While still in high school, together with Frederico Wagner and Ricardo Rosset, he began selling sports T-shirts, and in 1988 they jointly founded Fratex Indústria e Comércio Ltda, now Track&Field Co. Having led the Company’s management ever since, he joined the Board of Directors in 2020. Additionally, he is a member of the Board of Directors of Instituto LiveWright and Instituto LiveWright Esporte.
José Vicente Marino holds a degree in Business Administration from EAESP/FGV, completed an MBA in Retail at USP, earned a master’s degree in Administration from EAESP/FGV, and completed Harvard’s Owner President Management program (OPM54). He has more than 30 years of experience managing strong brands and direct sales operations, implementing digital mindset and transformation initiatives within companies. He is currently President of Aché Laboratórios Farmacêuticos and previously served as President of Johnson & Johnson Brazil, COO of Natura, CEO of Flora Cosméticos, and CEO of Avon Brazil. Over the past eight years, he has served as a member of Boards of Directors and Advisory Boards. In 2017, he served as Chairman of the Board of Directors of Alpargatas. On the social front, in 2019 he founded the Business Coalition to End Violence Against Women in partnership with the UN and Fundação Dom Cabral, and since 2013 he has served on the Advisory Board and Executive Committee of Instituto Akatu, a non-profit organization dedicated to raising awareness about responsible consumption.
Mario Mello holds a degree in Civil Engineering from the Polytechnic School of the University of São Paulo and has more than 30 years of experience in the financial services, technology, and business management industries. Before becoming PayPal’s General Manager for Latin America in 2012, he served as the company’s General Manager in Brazil for two years. In addition, he previously held the position of Executive Vice President of Visa for Latin America, statutory officer at Banco Real (acquired by Santander), and also served as a member of the Board of Directors of Tenda Construtora, Cielo, CBSS, and Fidelity Systems. Mario is currently a Venture Partner at Valor Capital Group, a member of the Board of Directors of CERC, and Vice President of Digital Transformation, Marketing, and Products at Banco Safra.
Renata Sawchuk Moura holds a Law degree from Universidade Cândido Mendes, with specialization and a master’s degree in Business Administration and Management from institutions such as IE Business School, Fundação Dom Cabral, and COPPEAD UFRJ. She has 30 years of experience in mergers and acquisitions (M&A), privatizations, succession planning in family-owned businesses, human resources, sustainability, and communications. She participated in the privatization of the telecommunications and financial systems as HR Director at Oi and Vice President of Human Resources at Grupo Santander, respectively. At Carrefour, she served as Director of Human Resources, Legal Affairs, and Supermarket Operations, and at Cyrela, she supports the founder’s succession process. She was a partner at Integration Consulting for nine years and is an IBGC-certified board member, having served as Chairwoman of the Board of Instituto Akatu, a non-profit organization dedicated to raising awareness and mobilizing society toward responsible consumption. Currently, in addition to serving as a member of the People and Compensation Committee at Localiza, she is also a member of the People Management Committee at Iguá.
Fiscal Board
Marcio holds a degree in Production Engineering from UFRJ, a Master’s degree in Industrial Projects from COPPE/UFRJ, and an MBA in Finance from Università Luigi Bocconi (Italy)/COPPEAD/UFRJ. Additionally, he completed a Business Strategy program at INSEAD Business School (USA) and obtained certifications from IBGC, including Certified Board Member and Audit Committee Member training. Through GoNew, he completed a Board Member program focused on Innovation and Technology. With extensive experience as a Senior Executive in companies and multinational consulting firms, Marcio has built expertise in Strategic Consulting, Mergers and Acquisitions, and Infrastructure Projects. He has led several significant transactions and managed highly complex and impactful projects. Throughout his career, he has worked at companies such as IBM Brazil, Thomas de La Rue, Arthur D. Little, Lloyds Bank, and KPMG Corporate Finance, and is currently a retired partner at PwC Brazil, where he was responsible for the infrastructure and government markets, working on infrastructure and M&A projects. As a board member, he serves as Chairman of the Fiscal Council of Track&Field and as a member of the Audit Committee of Infracommerce. He is also an alternate member of the Fiscal Council of Localiza.
He holds a degree in Accounting Sciences from PUC-SP and has professional experience in Controllership, Accounting, Auditing, and Compliance, having worked for more than 15 years at PwC. He has been a partner at b2finance since 2013, currently responsible for the company’s Audit and Consulting division as well as its finance area.
Conrado holds a degree in Economics from UERJ (2007) and a Master’s degree in Business Administration and Finance (2009) from COPPEAD/UFRJ and the University of San Diego (USA). He is currently a partner at Polo Capital Gestão de Recursos, where he has served as an equity fund manager since 2010. He previously taught in the Economics program at UGB and also worked at Fiducia Asset Management (2005–07) and the Brazilian Institute of Economics at FGV (2004–05).
Carlos Eduardo Alves is an alternate member of the Fiscal Council of Tenda. He is a partner at Polo Capital and currently serves as the equity portfolio manager for the funds managed by Polo Capital. He previously served as a fiscal council member of QGEP Participações S.A., Companhia Paranaense de Energia (Copel), and Santos Brasil. He also served as a member of the Board of Directors of Trisul S.A. He holds a degree in Civil Engineering from PUC-RIO.
Fernando Custódio Zancopé holds a degree in Accounting Sciences and an MBA in Controllership from Fipecafi-USP. He has more than 30 years of experience in the Finance area, having served as Controller and Chief Financial Officer at several national and multinational companies, including Carrefour, Sonepar South America, Weidmann Electrical, Grupo Pão de Açúcar, Dia Brasil Supermercados, and currently serves as CFO at Adcos. He has also worked as CFO as a Service for Instituto Capitalismo Consciente and other companies, served as a CEO mentor at LAO Digital, and acted as a consultant on financial projects, including Hospital Care.
Ronaldo Matos Valiño holds a degree in Accounting Sciences from UERJ, an Executive MBA from Coppead/UFRJ, a specialization in Strategy from INSEAD, Digital Leadership training from FDC, and board member certification from IBGC. He is an executive with 36 years of experience in Auditing, Consulting, and Corporate Governance, serving on boards of directors, audit committees, and fiscal boards. He is also an angel investor in energy startups and in the venture capital firm Sai do Papel, as well as a volunteer at Junior Achievement. He was a partner at PwC for 21 years, leading sectors such as Energy, Oil & Gas, Mining, and Consulting.
Audit Committee
Our Statutory Audit Committee, an advisory body linked to the Board of Directors, is composed of at least three (3) members, nominated by the Board of Directors, and: (i) at least one (1) shall be an independent board member, as defined in the Novo Mercado rules; (ii) at least one (1) shall have experience in corporate accounting, in compliance with the applicable rules issued by the Brazilian Securities and Exchange Commission (CVM); (iii) one (1) member can cumulate the qualifications described in items (i) and (ii) above; and (iv) none of the members can be the controlling shareholder, nor officer, officer subordinate of the Company, of the direct or indirect controlling shareholder, or subsidiaries, associated companies or entities under common control.
Renata Sawchuk Moura holds a Law degree from Universidade Cândido Mendes, with specialization and a master’s degree in Business Administration and Management from institutions such as IE Business School, Fundação Dom Cabral, and COPPEAD UFRJ. She has 30 years of experience in mergers and acquisitions (M&A), privatizations, succession planning in family-owned businesses, human resources, sustainability, and communications. She participated in the privatization of the telecommunications and financial systems as HR Director at Oi and Vice President of Human Resources at Grupo Santander, respectively. At Carrefour, she served as Director of Human Resources, Legal Affairs, and Supermarket Operations, and at Cyrela, she supports the founder’s succession process. She was a partner at Integration Consulting for nine years and is an IBGC-certified board member, having served as Chairwoman of the Board of Instituto Akatu, a non-profit organization dedicated to raising awareness and mobilizing society toward responsible consumption. Currently, in addition to serving as a member of the People and Compensation Committee at Localiza, she is also a member of the People Management Committee at Iguá.
Estela Maris Vieira de Souza holds bachelor’s degrees in Business Administration and Accounting Sciences from PUCRS, an MBA in Services Marketing from FIA/USP, a Master’s degree in Accounting and Controllership from FEA/USP, and an MBA in Digital Business from Universidade Positivo. She is a professional with more than 35 years of experience in auditing, corporate governance, internal controls, and risk management. She currently serves as Coordinator of Audit Committees at DASA, Iguatemi, Localiza, Rede Américas, and Track&Field, and is also a member of the Audit Committees of Alpargatas and WEG. She is a member of the Fiscal Council of Fundação OSESP (pro bono). She previously served as a member of the Board of Directors and Audit Committees of companies such as Vasta Platform, Transportadora Sulbrasileira de Gás, IFC, ABGF, and Comerc Energia, in addition to serving on the Fiscal Council of Lojas Renner. She is a board member certified by IBGC.
Adriana Caetano holds degrees in Business Administration and Accounting Sciences, is an IFRS specialist certified by FIPECAFI, and holds a Master’s degree in Accounting Sciences from FECAP. She is also a member of the Audit Committee of the Associação de Assistência à Criança Deficiente (AACD), Iguatemi S.A., Espaçolaser, and Marisa, and serves as Coordinator of the Audit and Compliance Committee at Petlove. She previously served on the Audit Committee of Suzano S.A., worked in the technical area of the Brazilian Institute of Independent Auditors, and was a partner at KPMG.
