TAM’s Vice President of Finance Named Sector’s Best CFO in Brazil for Second Consecutive Year
President of Finance, Administration and IT of TAM (NYSE: TAM and
Bovespa: TAMM4), was named the 2008 best Chief Financial Officer (CFO) in the
Aerospace, Transportation and Industrial sector in
conducted by the U.S.-based Institutional Investor Magazine among portfolio
managers and analysts of some 200 domestic and foreign institutions. This is
the second year in a row that the magazine has chosen Barroso.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080221/SPTH002LOGO )
“It is gratifying to be part of such as a ranking. It is in recognition of
work that I did not just do by myself, but with the help of a competent team
of TAM members,” said Barroso. The CFO of TAM has a solid professional
background of 17 years in finance. Prior to joining the airline, he worked for
the Real, Nacional, and Safra banks, and with companies like Andrade Gutierrez
Concessoes and CCR (Companhia de Concessoes Rodoviarias).
The Institutional Investor Magazine study results also include the top
CEOs (Chief Executive Officers), as well as the country’s most
shareholder-friendly companies in each of the nine sectors. In the Brazilian
Aerospace, Transport and Industry sector, TAM President Commander
Barioni Neto
the company was voted as the second most shareholder-friendly in
the two categories, TAM was the best placed airline.
Institutional Investor Magazine has been published in
for fifty years and is considered mandatory reading by financial and executive
leaders in many countries. Today, it has an average circulation of 130
thousand and is printed in two editions: international and Americas.
SOURCE TAM