Wiz promotes CFO after sacking CEO

Wiz promotes CFO after sacking CEO

Corporate & Sovereign Strategy Brazil People

Brazilian insurance broker Wiz Soluções said it named CFO Marcus Vinicius de Oliveira as an interim replacement for outgoing CEO Heverton Peixoto, effective January 15. Peixoto has been at the helm for the past five years, but he was sacked after a disagreement with shareholders over the company's strategy. He carried out no less than 14 M&A transactions during his time as CEO and he told local press outlets that the board was looking for a more conservative approach.  Wiz said Oliveira will

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