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People News: EBX shake-up

Sep 25, 2013

New management at Batista’s firms — Eyzaguirre quits Canal 13 — Venezuelan central bank gets third governor of 2013

By Karen Schwartz

As financial problems intensified at Eike Batista's group of companies, the former billionaire quit as chairman of Brazilian logistics firm LLX Logística. His resignation came after he agreed to sell control of the company to US investment firm EIG Global Energy Partners. Roberto D'Araújo Senna replaces Batista. 

Shipbuilder OSX, another in Batista's group, named Marcelo Gomes as chief executive, replacing Carlos Eduardo Bellot. Gomes has been advising OSX with the firm Alvarez & Marsal Brasil. Over at EBX, chief financial officer Otávio Lazcano resigned. Chief executive Batista picked up his responsibilities.

Nicolás Eyzaguirre resigned from his post as chairman...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management