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Cosan: Marcelo Martins Leaves Presidency in January; Guilherme Penin Assumes Interim

Cosan announced this Friday, 13, the beginning of a process of succession of its director-president, Marcelo Eduardo Martins, that...
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Twenty years ago, just after making the IPO of its sugar and ethanol plant set, Rubens Ometto hired Marcelo Martins – a young banker with passages through Citi, UBS, BankBoston and as a CFO of Votorantim Cimentos – to run Cosan's finances. In the following years, the duo embarked on a series of M&As, captures and IPOs that turned Piracicaba's company into the largest infrastructure holding company in the country – including the purchase of Esso'…

Cosan announced the departure of CEO Marcelo Martins, executive 20 years ago in the group. From January, he will be replaced by Guilherme Penin, today vice president, according to relevant fact published on Friday (13). Read more (11/14/2026

·São Paulo, Brazil
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One of the country's main infrastructure connoisseurs, executive will be in place of Marcelo Eduardo Martins, who will present his effective resignation from January 2027

·São Paulo, Brazil
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Guilherme Penin, Vice-President of the Strategy, assumes interim in January; Martins led the capitalization of 2025 and the restructuring of Raizen

Marcelo Eduardo Martins will leave office on January 4, 2027, and Guilherme Penin was elected by the council to take office temporarily. The post Cosan begins succession in the presidency and defines interim command apareceu primeiro em Canal Rural.

Cosan announced this Friday, 13, the beginning of a process of succession of its director-president, Marcelo Eduardo Martins, that...

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SpaceMoney broke the news on Saturday, November 14, 2026.
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