Brazil Cosan CEO steps down to focus on strategy

16 October 2009 14:51  [Source: ICIS news]

HOUSTON (ICIS news)--Brazil’s ethanol group Cosan said on Friday that its chief executive, Rubens Ometto, has stepped down to spend more time focusing on the company’s business strategy.

The executive will remain as Cosan’s chairman of the board, a spokesperson said.

Cosan said logistics and commercial vice president Marcos Lutz would replace Ometto as chief executive, effective 1 November.

Cosan is one of the world’s largest sugar and ethanol producers.

The company also became a top fuel retailer in Brazil after acquiring ExxonMobil’s local distribution network in April 2008.

For more on ethanol visit ICIS chemical intelligence
To discuss issues facing the chemical industry go to ICIS connect

By: William Lemos
+1 713 525 2653

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly