Brazil’s Top Homebuilder Cury to Appoint Insider as Next CEO
A residential housing development in Ribeirao Preto, Sao Paulo state, Brazil.
Photographer: Victor Moriyama/BloombergOne of Brazil’s top homebuilders plans to name a new chief executive officer from within the company’s ranks after its namesake leader steps down, according to people familiar with the matter who were not authorized to speak publicly.
Cury Construtora e Incorporadora SA’s Chief Executive Officer Fabio Cury will move to the company’s board, the people said. Insider Leonardo Mesquita is the main candidate to replace him, signaling managerial continuity.