Corporate Governance
At Zilor, corporate governance is a fundamental pillar of our operations. We are committed to fostering a strong ESG culture both internally and in our interactions with stakeholders. Our leadership team and all organizational levels follow clear codes and policies that support responsible and ethical resource management.
Our corporate governance structure includes:
- Executive Board
- Advisory Committees
- Board of Directors
Executive Board
Zilor’s Executive Board is composed of 6 (six) senior executives with extensive experience in agribusiness and biotechnology. Members of the Executive Board are appointed by the Board of Directors for a renewable two-year term. The Executive Board meets weekly and is responsible for executing the company’s strategic plan, in coordination with the Board of Directors, while adhering to internal policies and the company’s Bylaws.
Name | Position | |||
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Andre Inserra | Chief Executive Officer (CEO) | |||
Andre Inserra holds a degree in Mechanical Engineering from Fundação Armando Alvares Penteado (FAAP), a Master’s in Industrial Management from Chalmers University of Technology in Sweden, and executive leadership training from the International Institute for Management Development (IMD) in Switzerland. With a solid career spanning over 30 years, he has held leadership roles in various industrial sectors, including elevator supply for the construction industry and energy and automation solutions for process industries such as mining, cement, oil, and pulp and paper, among others. He has held leadership positions in Brazil and abroad, with significant experience at ABB Group and Schindler Elevators. He has also served on the company’s Global Executive Committee and on the Boards of Directors of companies such as Athié Wohnrath and Bueno Netto Engenharia. |
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Artur de Abreu e Lima Melo | Chief Agroindustrial Operations Officer (COO) | |||
Artur holds a degree in Industrial Chemistry from the Catholic University of Pernambuco and an MBA in Business Management from Fundação Getúlio Vargas (FGV). With 24 years of experience in industrial operations, he has built a solid career in the sugar-energy sector, focusing on sugar and ethanol production from sugarcane, he has served as a Director at companies such as ETH and COFCO International. |
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Carlos Lienstadt | Chief Human Resources Officer (CHRO) | |||
Carlos holds degrees in Economics from Univille (Universidade da Região de Joinville) and Computer Science from UTESC, as well as postgraduate certifications in Human Resources Management from Instituto Superior Politécnico de Gaza (ISPG) and Organizational Behavior from Universidade Positivo. He also holds an MBA in Business Administration and Management from Fundação Getúlio Vargas (FGV). With over 30 years of experience in Human Resources and Corporate Communications, Carlos has worked nationally and internationally for companies such as Embraco and Yara Fertilizantes. |
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Denise Araújo Francisco | Chief Financial Officer (CFO) | |||
Denise holds a degree in Chemical Engineering and a Master’s in Production Engineering from UFRJ, as well as an MBA in Finance from IBMEC. She has furthered her education through executive programs at internationally renowned institutions, including Tel Aviv University, Columbia University, and Harvard Business School, among others. She is a certified Board Member by IBGC and ABPW/Saint Paul and has completed the CEO course at Fundação Getúlio Vargas (FGV). With more than 30 years’ experience, she is an expert in finance and strategic management and has held C-level positions since 2006. Denise has also served as a Board Member since 2017. She serves as an Executive Director at IBEF-SP, as well as a guest professor in MBA programs, contributing her expertise to the development of new leaders. Throughout her career, she has worked in commercial and investment banking and has held executive positions in major companies in the sugar-energy sector, such as São Martinho, Grupo Cerradinho, and Clealco. Denise previously held the position of CFO and Investor Relations Officer at CTC (Centro de Tecnologia Canavieira). |
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Luís Fernando Radulov Queiroz | Chief Legal & Compliance Officer (CLO) | |||
Luís Fernando holds a degree and specialization in Business Law from Pontifical Catholic University of São Paulo (PUC/SP) and a Master’s degree from the University of Chicago. He has also completed executive leadership programs at the University of Virginia and IMD Business School in Switzerland. He has extensive experience in corporate law, having worked as a law firm partner and served in senior legal leadership roles for over 17 years at companies such as GE Capital, AES Brasil, ABB, and Hitachi Energy, contributing to governance, compliance, and risk management in high-impact operations. |
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Mauricio Rosário da Barrosa | Chief Business Officer (CBO) | |||
Holds a degree in Civil Engineering from the University of São Paulo (USP) and the University of Illinois, and an MBA from Cornell University. At Zilor, he has held several strategic roles over more than 13 years, including serving on the Strategy and Innovation Committee and the Board of Directors. Prior to that, he worked as a senior consultant at Falconi Consultores de Resultado, contributing to performance improvement projects in large organizations. |
Board of Directors
The Board of Directors is a collegiate body responsible for decision-making regarding Zilor’s strategic direction. It is composed of 10 members, including shareholders with significant executive experience at Zilor and independent board members with extensive management expertise from major companies in the market. The Chairman of the Board is an external member and does not hold an executive role at Zilor.
The Board members are appointed for a two-year term, with the possibility of reappointment. The Board meets monthly to discuss and approve strategic plans, monitor performance, promote sustainable growth, safeguard and maximize investment returns, and approve key policies and directives. It also evaluates the implementation of management practices, risk and opportunity assessments, and upholds Zilor’s core principles and values.
Name | Position | |||
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Francisco Amaury Olsen | Chairman of the Board | |||
He holds a bachelor’s degree in Business Administration from the University of Joinville, with an extension course in Business Administration from Advanced Management at the University of Southern California USC. Chairman of the Board of Directors of Zilor and Companhia Léo Madeiras, as well as a member of DPSP, Rotoplas Mexico, and Klabin. He chairs or sits on several Board support committees, particularly those dealing with finance, audit, risk and compliance, sustainability, related parties, people, and governance. Partner and owner of Olsen Consultoria, providing services to companies in a wide range of sectors, and founder of ABRAMAT and Instituto Trata Brasil. With a solid career and over 40 years of experience, he has held senior leadership positions such as CEO, CFO, and board member at various companies in different sectors, including Tubos e Conexões Tigre, Portobello, Papaiz, Marisol, Unipar, Duratex, Estácio, S&B, Tenda Atacado, Copersucar, among others. |
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Carmen Tonanni | Vice-Chair | |||
With a bachelor’s degree in law, the Vice-Chair of the Board of Directors has extensive experience in the sugar and ethanol industry. With her strategic vision, she was one of the people responsible for implementing Zilor’s corporate governance structure |
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Luiz Zillo Neto | Board Member | |||
Holds a degree in Business Administration from Trevisan Business School and an MBA from the University of North Carolina. In addition to serving on Zilor’s Board of Directors, he is also a member of the Board of Copersucar S.A. |
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Miguel Zillo | Board Member | |||
With a bachelor’s degree in Accounting and technical qualifications in the same area, he has extensive knowledge of the sugar and ethanol industry. In addition to serving as a Board member at Zilor, he has also served as a director of the Company |
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Antonio José Zillo | Board Member | |||
With a bachelor’s degree in Civil Engineering from the Polytechnic School of the University of São Paulo, he has held several strategic positions at Zilor, including CEO and COO. He also served as a Board member at Copersucar S.A. and Alvean, in addition to being a member of the Deliberative Council of the Sugarcane Industry Union (UNICA). |
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José Marcos Lorenzetti | Board Member | |||
With a bachelor’s degree in Agricultural Engineering from the Luiz de Queiroz School of Agriculture (ESALQ) at the University of São Paulo, he has extensive experience in the agricultural sector and a broad strategic vision for the Company’s sustainable development. |
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Raphael Lorenzetti Losasso | Board Member | |||
Holds a degree in Business Administration from Fundação Getulio Vargas (FGV) and a specialization in Finance from Insper. He built an 18-year career in Zilor’s finance area, serving as CFO for the last 8 (eight) years. He has also worked at leading consulting firms such as PricewaterhouseCoopers (PwC), Coopers & Lybrand, and Arthur Andersen, gaining extensive experience in corporate finance and strategic project management. |
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José Aurélio Drummond Junior | Board Member | |||
Bachelor’s degree in Production Engineering and Metallurgy from the Industrial Engineering Institute (FEI). He has a solid executive career, having served as Regional CEO, Executive Vice President, and member of the global executive committee of large multinational corporations. His main experience includes Whirlpool Corporation, in the home appliance sector for Latin America and Europe; Alcoa, in the metals and mining sector, where he led operations in Latin America and in the global Transportation and Construction division; and he was CEO of ENEVA S.A., in the energy sector, and BRF S.A., in the food sector. He worked as a business consultant for Andersen Consulting, now Accenture, in the early years of his career. He is currently also a Board member of the DPSP Group |
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Fabiano José Zillo | Advisory Board Member | |||
Bachelor’s degree in Agricultural Engineering from the Luiz de Queiroz School of Agriculture (ESALQ), Master’s degree in Soils and Plant Nutrition (ESALQ) and MBA in Business Management from the Getúlio Vargas Foundation (FGV). Complemented his education with an extension course in strategy and innovation at Wharton Business School in the United States. He has worked in the sugar and ethanol sector for over 30 years, including 10 years as Business Leader at ETH, Odebrecht Agroindustrial, Atvos, and as CEO of Zilor from 2018 to 2024, contributing significantly to the company’s growth and consolidation in the sector. |
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Britaldo Soares | Independent Advisory Board Member | |||
He holds a bachelor’s degree in Metallurgical Engineering from the Federal University of Minas Gerais, a postgraduate degree in Economic Engineering from Fundação Dom Cabral, and an extension in Management and Executive Leadership from the Darden School of Business – University of Virginia. Britaldo Soares is a member of the Board of Directors and/or Advisory Board of Enel Américas (Santiago, Chile), Atiaia Renováveis (Cornélio Brennand Group), GEQ – Edson Queiroz Group, Zilor Group, Frigol S/A, Copersucar, Órigo Energia, and RZK Agro (Rezek Group), coordinating or participating in the Finance, Audit and Risk, Integrity, People and Sustainability Committees of some of these companies and Senior Advisor at Galápagos Cypress. With a solid career and over 40 years of experience, he has held senior leadership positions as CEO, CFO, and board member at several companies in different sectors, such as ABRADEE, Enel, Mover, Grupo AES, RZK Energia, OEC, Enron Corp. Brasil, Jari Celulose, CEMIG, Citigroup, among others. |
Advisory Committees
Zilor has 3 (three) advisory committees that support the Board of Directors in the Company’s discussions and decision-making process. All committees are chaired by external Board Members.
- Finance, Audit and Risk Committee
- Strategy and Innovation Committee
- People Management and Sustainability Committee

This committee is responsible for reviewing matters related to financial strategy, internal controls, internal audit, and the company’s risk exposure. It meets monthly and reports regularly to the Board of Directors on its activities.

This committee focuses on strategic direction, governance practices, and innovation initiatives across Zilor’s business units. It is responsible for analyzing topics related to corporate strategy and technological development. It meets monthly and reports regularly to the Board of Directors on its activities.

This committee oversees issues related to human resources and the company’s sustainability practices. It meets every two months and reports regularly to the Board of Directors on its activities.