Management & Board of Directors

Executive Officers

 
The Executive Officers of LOG Commercial Properties are responsible for its daily management. They have individual responsibilities established by the Bylaws of the Company and its Board of Directors.

In accordance with the Bylaws of LOG Commercial Properties, the board may have up to three officers elected by the Board of Directors for a term in office of one year, reelection is permitted. Any officer may be removed by the Board at any time before the expiration of his/her term in office.

Name Position Start of Mandate End of Mandate
Sérgio Fischer Teixeira de Souza Chief Executive Officer 04/19/2021 04/19/2023

Graduated in Civil Engineering at the Federal University of Minas Gerais (2002), with a postgraduate degree in Finance at Fundação Dom Cabral (2004). He worked at MRV from 1997 to 2004, in the Engineering and Supply department. He then became Vice President of MIC Corporation, responsible for the development of commercial, industrial and residential projects in Florida, USA. Since 2008 he has held the position of Executive Director at LOG Commercial Properties.

André Luiz de Ávila Vitória CFO and Investor Relations Officer 04/19/2021 04/19/2023

Graduated in Business Administration at FUMEC (1992) and in Accounting from UFMG (1993), with a postgraduate degree in Corporate Finance from FGV, in addition to MBAs from IBMEC and BSP and FDC Board of Directors Development Program. He served as a director in large corporations such as AMBEV, Votorantim, Grupo Pão de Açucar and Usiminas, built on a history of more than 10 years of experience at Arthur Andersen/ Deloitte in Brazil and the United States.

Marcio Vieira de Siqueira Executive Director 04/19/2021 04/19/2023

Graduated in Civil Engineering from UFMG (2003), with a postgraduate degree in Project Management from Fundação Dom Cabral (2004). From 2003 to 2005 he worked at GASMIG as a Production / Sales Engineer. After joining Camargo Corrêa as Planning Manager (2005 to 2008) and Fidens Engenharia S.A as Planning and Control Manager (2008 to 2013). In 2013, he joined LOG Commercial Properties as Production Director.

 

Board of Directors

 
The Board of Directors of LOG Commercial Properties is responsible for defining the strategic policies of the Company in general and, among other attributions, for establishing its general business policies and for electing its Executive Officers and for supervising their management.

The Board of Directors meets once every three months and, extraordinarily, whenever convened by its Chairman or any of its members.

In accordance with Brazilian Corporate Law, the Board of Directors shall consist of at least 3 board members elected at the General Assembly, each of whom may be shareholders or not. The Bylaws of LOG Commercial Properties, notwithstanding, determines that the Board of Directors may be composed of up to 7 members, whose mandates will be unified and will last for 2 years from the date of election and they may be reelected.

Name Position Start of Mandate End of Mandate
Rubens Menin Teixeira de Souza Chairman 04/16/2021 04/16/2023

One of the founding partners of MRV Bachelor in Civil Engineering from UFMG (1978)

Leonardo Guimarães Corrêa Vice Chairman 04/16/2021 04/16/2023

Former Partner at Banco Pactual (2000-2003) and former Partner at Perfin Administração de Recursos (2003-2006) Former Treasury Manager at Lloyds Bank (1982-1990) and Treasurer at JPMorgan (1990-2000) Bachelor in Economics from UFMG (1980) and post-graduate degree in Finance from FGV (1986)

Marcos Alberto Cabaleiro Fernandez Independent Board Member 04/16/2021 04/16/2023

More than 35 years of experience in the real estate sector Bachelor in Law from Milton Campos Law School (1981)

Marcelo Martins Patrus Board Member 04/16/2021 04/16/2023

Shareholder and CEO of Patrus Transportes Urgentes, a leading logistics company in Brazil with more than 1,700 employees and fleet of 2,100 vehicles covering 9 states in the Southern, Southeastern and Northeastern regions of Brazil More than 25 years of experience in the logistics sector, having acted as member of several industry associations Bachelor‘s degree in Business Administration (1985) and Accounting (1987) from Universidade Católica de Minas Gerais (PUC)

Júnia Maria de Sousa Lima Galvão Board Member 04/16/2021 04/16/2023

MRV Engenharia’s Executive Director of Administration and Controllership. Bachelor’s degree in Accounting, postgraduate in Financial Management and International Business at Fundação Dom Cabral, post-graduate in Human Resources and Information Systems.

Barry Stuart Sternlicht Independent Board Member 04/16/2021 04/16/2023

Chairman and founder of Starwood Capital Group Responsible, for 20 years, for the organization of more than 400 investment transactions totaling more than US$ 40 billion in assets Holds a Bachelor’s degree from Brown University and an MBA from Harvard Business School

Rafael Padilha de Lima Costa Independent Board Member 04/16/2021 04/16/2023

Private Equity Director of Bradesco Bank. He has occupied the position as Managing Director and spent more than 8 years at Bradesco BBI’s investment banking team. Holds an undergraduate degree cum laude in Business from the University of Miami and a graduate degree (MBA) from University of Chicago Graduate School of Business.

Rafael Steinbruch Alternate Board Member 04/16/2021 04/16/2023

Starwood Capital Group investment team member, Rafael is responsible for Latin America’s investment management and for capturing new businesses in the USA. Before joining Starwood Capital Group in 2014, he was part of G5 Evercore Private Equity investment team, being responsible for capturing and analysing retail and technology investments. His business career started at Merging and acquisitions and Iniciou sua carreira profissional no grupo de fusões e aquisições e securities market group from Morgan Stanley Bank. Bachelor’s degree in Business from Fundação Getúlio Vargas – EAESP.

 

Fiscal Council

 
Pursuant to the Brazilian Corporate law, the Fiscal Council is an independent management body from the Company and external auditors. The Fiscal Council may be permanent or non-permanent, in which case it will act during a specific fiscal year when installed at the request of shareholders in the manner and conditions prescribed by law.

The main responsibilities of the Fiscal Council are to audit the management of the Company, review the financial statements of the Company and report its findings to the shareholders. The Brazilian Corporate Law requires Fiscal Council members to receive compensation of at least 10% of the average annual amount paid to directors of the Board. Brazilian Corporate Law also requires that the Fiscal Council should be composed of at least three and at most five members and their alternates.

The Bylaws of LOG Commercial Properties provides for a non-permanent Fiscal Council, composed of up to three members, elected only at the request of the shareholders of the Company in the general assembly. Currently, LOG Commercial Properties has no Fiscal Council installed.

Name Position Start of Mandate End of Mandate
Thiago da Costa e Silva Lott Council Member 04/16/2021 04/16/2022

Bachelor’s degree in Law from Pontifícia Universidade do Estado de Minas Gerais (2005). Postgraduated in Procedural Law from Instituto de Educação Continuada of Pontifícia Universidade Católica do Estado de Minas Gerais (2006). Master in Corporate Law from Faculdade Milton Campos (2016), postgraduate in Executive MBA from Fundação Dom Cabral (start in 2017). Founding partner of Lott, Oliveira Braga e Advogados Associados Office (from 2008 until today). He works in Litigious and Advisory Law in Corporate and Civil law areas.

Paulino Ferreira Leite Council Member 04/16/2021 04/16/2022

He has several postgraduations in his working field and an MBA in Tax, Audit and Controlling – Fundação Getúlio Vargas, with an extension in Ohio University (2001 – 2002). He was an important officer from the Military Police of Minas Gerais (1966-1974), Arthur Andersen (1974-1978), Municipal Treasury Secretary of Bom Despacho (1989 – 1990), Controller.

Fernando Henrique da Fonseca Council Member 04/16/2021 04/16/2022

He was elected MRV’s Board Member in October/2006. Bachelor’s degree in Economics from Universidade Federal de Minas Gerais UFMG, postgraduate in Finance, Economics and Business areas. He is the CEO of Celulose Nipo-Brasileira S.A. (CENIBRA) since September/2001. He has 42 years of experience with finance in private and public companies, occupying the following positions: President of Intermedium, a multiple bank, and of Credicon from 1994 to 2001; President of Agrimisa Bank from 1988 to 1993, Vice-President of BEMGE de 1987 a 1988; Executive Officer of Minas Gerais Financial Council from 1983 to 1985; Regional manager of Sales Planning and Expor from Belgo-Mineira from 1967 to 1975. Besides MRV, he worked for ohter 3 traded companies, as follows: Regional manager of Sales Planning and Export from Belgo-Mineira from 1967 to 1975, Vice-President of BEMGE from 1987 to 1988, and as Agrimisa Bank President from 1988 to 1993.

Lucas Wanderley de Freitas Council Member Suplent 04/16/2021 04/16/2022

Mr. Lucas is a lawyer registered with OAB / MG under number 118.906. Graduated in Law from Milton Campos Law School in 2008. Postgraduate in Labor Law from Milton Campos Law School in 2009. Post-graduated in Procedural and Civil Law from Fundação Getúlio Vargas in 2010. Partner at Lott, Oliveira Braga & Advogados Associados since 2009.

Marcos Villela Vieira Council Member Suplent 04/16/2021 04/16/2022

Mr. Marcos is an economist (1976), master (1999) and doctor (2012) in administration from UFMG and specialist in finance from Fundação João Pinheiro (1978). In his professional experiences, he has worked in senior and senior management positions in the areas of finance, controllership, planning and administrative, in medium and large companies in the steel, pulp and paper, heavy construction, metallurgy, mechanics, telecommunications, heavy equipment sectors , health and retail. He also has experience in startup and organization of companies, development of large projects, implementation of the areas of finance and controllership, valuation of companies (valuation) and investment projects, reduction of operating expenses, evaluation of economic and financial performance, optimization financial and control processes, liability restructuring, liquidity management and cash flow. He is a professional with a strategic vision and a focus on planning and delivering results combined with experience in leading and developing large teams, working in negotiation and decision-making processes that create value. Finally, it had international exposure and business experience with Italian, Japanese and French cultures.

Antônio de Pádua Soares Pelicarpo Council Member Suplent 04/16/2021 04/16/2022

Mr. Antônio is an accountant, with a master’s degree and a post-graduate degree in accounting. He is a partner responsible for audit work in several Financial Institutions; Responsible for audit work in several Pension Funds, with emphasis on the following: CENTRUS, FUNCEF, DESBAN AND PREVIMINAS; Planning and execution of audit work on financial statements in public and private manufacturing companies, services and financial institutions from 1984 to 2015; Coordination and development of auditing in operating systems and internal controls, aiming to evaluate the quality and productivity of the systems and resources employed; Member of the Evaluation Committee for Technical Qualification Exams of the Federal Accounting Council for the following areas: CVM, BACEN, SUSEP AND CNAI; and Vice President of Internal Controls of the Regional Accounting Council of Minas Gerais, in the biennium 2014 to 2015 and the fifth Vice President of Planning and Administration in the biennium 2016 to 2017

 

Committee

 
The Board of Directors of LOG Commercial Properties has established four internal committees. The Audit and Finance committees were created at a meeting held on October 4, 2011. The Compliance Committee, in turn, was instituted on December 16, 2018. The Human Resources committee was instituted on January 31, 2020. They have the purpose of advising and proposing solutions to increase the effectiveness of their decisions.

Audit Committee

It assesses and monitors the risk exposure of the Company. It tracks, demands and ensures the compliance:

(i) to laws and rules applied to LOG’s business and its activities;

(ii) to the Code of Conduct; and

(iii) to rules, regulations, internal policies and handbooks.
 

MEMBER START OF MANDATE END OF MANDATE
Marcos Alberto Cabaleiro Fernandez 04/19/2021 Until the General Metting of 2022
Pierre Carvalho Magalhães 04/19/2021 Until the General Metting of 2022
Thiago da Costa e Silva Lott 04/19/2021 Until the General Metting of 2022
Compliance Committee

It tracks, demands and ensures, together with the Audit Committee, the compliance:

(i) to laws and rules applied to LOG’s business and its activities;

(ii) to the Code of Conduct; and

(iii) to rules, regulations, internal policies and handbooks.
 

MEMBER START OF MANDATE END OF MANDATE
André Luiz de Ávila Vitória 04/19/2021 Until the General Metting of 2022
Sérgio Fischer Teixeira de Souza 04/19/2021 Until the General Metting of 2022
Marcio Vieira de Siqueira 04/19/2021 Until the General Metting of 2022
Finance Committee

The Finance Committee aims to evaluate and define the financial strategies of the Company related to loans and financing.
 

MEMBER START OF MANDATE END OF MANDATE
Sergio Fischer Teixeira De Souza – Chief Executive Officer 04/19/2021 Until the General Metting of 2022
Leonardo Guimarães Corrêa – Board Member 04/19/2021 Until the General Metting of 2022
André Luiz de Ávila Vitória – CFO and Investor Relations Officer 04/19/2021 Until the General Metting of 2022
Human Resources Committee

The Human Resources Committee aims to evaluate and suggest improvements to the people development policies, compensation, benefits, incentives and talent retention.
 

MEMBER START OF MANDATE END OF MANDATE
Rubens Menin Teixeira de Souza 04/19/2021 Until the General Metting of 2022
Sérgio Fischer Teixeira de Souza 04/19/2021 Until the General Metting of 2022
Júnia Maria de Sousa Lima Galvão 04/19/2021 Until the General Metting of 2022