for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Chairman of Brazil's Eletrobras resigns, citing personal reasons

RIO DE JANEIRO, Dec 18 (Reuters) - José Guimarães Monforte, the chairman of the board of Brazilian state electricity company Eletrobras, has resigned citing personal reasons, the company said in a Friday securities filing.

Ruy Flaks Schneider, a board member, will take his place until a new chairman is elected at the next shareholders’ meeting, said Centrais Eletricas Brasileiras SA, as the company is formally known.

Reporting by Gram Slattery

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up