Leadership & Pay ·
CEMIG elects Marco Aurélio Vasconcelos as CEO and Alexandre Peixoto as Board Chair
CIGEnergy Co of Minas Gerais
The board elected Marco Aurélio Martins da Costa Vasconcelos as Chief Executive Officer and Alexandre Ramos Peixoto as Chair of the Board. The filing also announces a R$200 million Interest on Equity distribution, settling debentures issued by subsidiaries Cemig GT and Cemig D, extending the Sá Carvalho Hydroelectric Power Plant concession for 30 years, and changing the ADR depositary bank to BNY Mellon. CEMIG operates in Brazil's electric power generation, transmission, and distribution sector.