Reported 1 day ago
Michael Klein, a veteran in Brazilian retail, has proposed to reclaim his role as chairman of Casas Bahia, a company founded by his father in the 1950s. With a stake of 10.4%, he has requested a shareholders meeting to remove the current chairman, Renato Nascimento, and emphasizes the need for strategic leadership to adapt to modern consumer demands while maintaining executive continuity.
Source: YAHOO