Gafisa Says Odair Garcia Senra To Succeed Caio Racy Mattar As Chairman

5/25/2012 11:15 PM ET

Brazil's diversified national homebuilder Gafisa S.A. (GFA: Quote) announced that it has appointed Odair Garcia Senra to succeed Caio Racy Mattar as chairman of the board, effective immediately. Due to the appointment as chairman, Senra will relinquish his management responsibilities effective immediately, the company stated.

Senra is having had a successful career at Gafisa and its predecessor company spanning more than 40 years. Senra, an engineer, began his professional career in 1970 as an intern at Gafisa's predecessor firm, the former Gomes de Almeida Fernandes. Senra is also a director of Secovi (Union of Housing) beginning his current term at the organization in 2005, a vice president of SindusCon-SP (Construction Union) since 2006.

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by RTT Staff Writer

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