Ambev S.A. Announces Resignation of Bolívar Moura Rocha as s Member of the Related Parties and Antitrust Conducts Committee
October 10, 2019 at 03:32 pm IST
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The Board of Directors of Ambev S.A. approved acknowledged receipt of the resignation letter presented by Mr. Bolívar Moura Rocha, effective as of October 2nd, 2019, as a member of the Related Parties and Antitrust Conducts Committee, stating its praise and thanks for the relevant services rendered to the Company.
Ambev SA, formerly Inbev Participacoes Societarias SA, is a Brazil-based company engaged in the brewing sector. The Company produces, distributes and sells beer, carbonated soft drinks (CSDs) and other non-alcoholic and non-carbonated (NANC) beverages across the Americas. The Company's activities are divided into three segments: Latin America North, including sell of beer, CSD and NANC drinks in Brazil, as well as operations in the Dominican Republic, Saint Vincent, Antigua, Dominica, Cuba, Guatemala, El Salvador, Honduras, Nicaragua, Barbados and Panama; Latin America South, distributing products in Argentina, Bolivia, Paraguay, Uruguay, Chile; and Canada, represented by Labattâs operations, which comprises sales in Canada and some exports to the U.S. market. The Company markets products under various brand names, such as Adriatica, Brahma, Leffe, Budweiser, Corona, PepsiCo and Lipton. It is a subsidiary of Interbrew International BV.