Brazil's Gerdau proposes split chairmanship as leader steps down

jueves 26 de marzo de 2015 16:51 GYT

RIO DE JANEIRO, March 26 (Reuters) - Brazilian steelmaker Gerdau SA said on Thursday it plans to split the role of chairman between its current chief executive and a vice president, as the company passes what is principally a family business on to the next generation.

Current chairman, Jorge Gerdau Johannpeter, will hand the role to his son and CEO, André Gerdau Johannpeter, as well as to current Vice President Claudio Gerdau Johannpeter, the company said in a statement.

(Reporting by Stephen Eisenhammer; Editing by Tom Brown)