Kroton and Localiza win big in Brazil investor relations awards
Kroton Educacional, a private education company in Brazil, was the biggest winner at the IR Magazine Brazil Awards 2012.
In a festive gala in São Paulo on Monday night, Kroton won six awards in total, including the grand prix for best overall investor relations – small & mid-cap.
Alexandre Neto, CEO, Valor Economico (center) presents the grand prix best overall IR award (small & mid-cap) to Kroton's CEO Rodrigo Galindo (right) and director of IR Carlos Lazar (left)
In the large-cap category, the grand prix for best overall investor relations went to Localiza, the Brazil-based car-rental company that is the biggest in South America.
Carlos Lazar of Kroton and Silvio Guerra of Localiza were honored as the two best investor relations officers in Brazil. In addition, Rodrigo Galindo, Kroton’s CEO since 2011, won the award for best investor relations by a CEO.
Candice Teruszkin, executive director, ADRs, Latin America (left) presents the grand prix for best overall IR (large cap) to Silvio Guerra, Localiza's director of IR (center)
Other big winners on the night include Vale, the Rio de Janeiro-based mining giant; Natura, the skincare and cosmetics manufacturer; and Cemig, the country’s largest power company. All three companies collected two IR Magazine Brazil Awards each.
Sponsors of the event include ABRASCA, BM&FBOVESPA, BNY Mellon, Bloomberg, the Brazilian-American Chamber of Commerce, Chorus Call, Citi, Comunique-se, Deutsche Bank, FTI Consulting, HSBC, IBRI, JPMorgan, the Media Group, NYSE Euronext, OTCQX, Petrobras, PR Newswire, Revista RI, Vale and Valor Econômico.