Brazil-based OEM, Librelato, has announced a significant change in the governance of Librepar Group, the holding company that controls the brand.
The three founding partners, Aloir Librelato, João Alberto Librelato, and Gilmar Librelato, are leaving the Board of Directors and will now exclusively serve on the Board of Shareholders where they will assume a broader focus on strategic and long-term decisions.
This measure is reported to represent a new stage in the professionalisation of management, aligned with best market practices, structured succession and institutional strengthening.
In its place, the Board of Directors will receive three external members, bringing diversity of skills and technical independence to the board.
The new Chairman of the Board will be José Carlos Sprícigo, former CEO of Librelato, who has served with the company for over 42 years, until 2024.
Throughout this period, Sprícigo has been at the forefront of fundamental initiatives such as expansion, innovation, professionalisation of management and strengthening the brand in the national market for trailers.
To complement the Board, Vilmar Costa, a lawyer with a background in business and corporate law, and Leia Wesling, a psychologist specialising in Corporate Governance, Organisational Culture, Strategic People Management and integration processes in M&A, were also appointed.
Librepar is the holding company that controls a group of companies operating in three main business verticals: road transport equipment assembly (Librelato), services and technology and auto parts.
The main companies operating in the Services and Technology vertical are Sigaway, Hydrion, Consórcio Nacional Librelato, Librelato Financial, Librelato Center SP and Metalblank.
In auto parts, the vertical includes companies such as Libreparts, Ibero, Ibero Parts as well as Fontaine and Zurlo.
The Holding company has an industrial park comprised of nine industrial units, five of which are in Santa Catarina in addition to São Paulo, Rio Grande do Sul and Espírito Santo, employing 2,500 professionals.
According to Aloir Librelato, President of the holding company that controls the Librepar group, the composition was carefully defined.
“The holding company is growing, and bringing in a more technically skilled Board was already planned among us founding brothers,” he said.
“This will contribute to the companies continuing to prosper and maintaining a management, governance and personnel structure that is always aligned and sustainable, ready to take the next step in our strategic planning.”
In other news, TIP Group has farewelled its outgoing CEO.
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