Posted on: 10 June 2016 by Mark Howells
Embraer has begun the succession process for its CEO position, with Paulo Cesar de Souza e Silva (pictured) to take up the role on 1 July following Frederico Fleury Curado’s decision to retire.
Cesar Silva, currently president and CEO of Embraer Commercial Aviation, has been a senior executive with the company since 1997. The transition period is scheduled to be completed by the end of the year.
“After more than 32 years at Embraer, 22 of which as an officer, I have completed a cycle in my career. I will now concentrate on other professional and personal activities. With Paulo, Embraer will be in good hands,” Curado remarked.
The outgoing CEO (right) had a tough act to follow when he took up the role in 2007 after the retirement of the ebullient Mauricio Botelho. He has, however, led the company through a period which has seen its flagship commercial programme of E-Jets gain significant market share, as well as launching the next generation E2 versions.
Also under Curado's leadership, the company’s business aircraft portfolio has expanded considerably with new Phenom and Legacy models, while the military side has seen the development of the KC-390 transport aircraft.
Cesar Silva responded to Curado’s remarks regarding his appointment by saying, “I am pleased to continue the legacy created by Fred. He was instrumental in the transformation of our company, preparing us for even higher flights."
As for Cesar Silva’s replacement as president and CEO of Commercial Aviation, the company says it “should be able to announce his successor soon”.