Schvartsman, Fabio

Biography

Mr. Fabio Schvartsman has been Chief Executive Officer at Vale SA since April 2017. He has over 40 years of experience running operations at various groups. As Klabin’s managing director from February 2011 to April 2017, he established a new management cycle focused on results and high performance. During this period, the company doubled its production capacity, entered new markets, tripled its market capitalization, and posted improving financial results for 23 consecutive quarters. As well as being responsible for finalizing the company’s professionalization process, Mr. Schvartsman led the execution of the Puma Project, the largest project in Klabin’s history. From February 1976 to April 1985, he worked at Duratex, as head of its Economic Studies Sector, head of its Development Division, and head of its Planning Department. For 22 years, between May 1985 and April 2007, he held various positions at Ultra Group companies and took part in various negotiations. From April 2007 to February 2008, he led Telemar Participacoes S.A. and from April 2008 to April 2010, he was the CEO of SanAntonio Internacional. Furthermore, he was responsible for Ultrapar’s stock exchange flotation, and he worked as the company’s planning superintendent, planning director, planning and control director, investor relations director, and CFO / financial director-superintendent. While a partner and director of Ultra S.A., Ultrapar’s parent company, he was in charge of the process of acquiring the Ipiranga gas station chain. He also led Ultraprev. Mr. Schvartsman has also served on the boards of many companies, including Telemar Norte Leste S.A., Contax Participacoes S.A., Ultra S.A., San Antonio Internacional, Duratex S.A., Companhia Brasileira de Distribuicoo Pao de Acucar, Gafisa S.A., and Hospital Israelita Albert Einstein. he has an undergraduate degree in Production Engineering from Escola Politecnica da Universidade de Sao Paulo and Masters of Business Administration degree from Fundacao Getulio Vargas.

Research Interest

Business Management