JBS Board rejects withdrawal of Chief Executive

Brazil
Published:  30 August, 2017

JBS’ Board of Directors released a statement on August 28 stating that the requests from major shareholder BNDES, the Brazilian Development Bank, for the withdrawal of Wesley Batista, the company's Chief Executive, and the hiring an external audit to examine facts narrated in the Batista brothers' plea bargain allegations would be detrimental to the company.

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