The company blamed the reduction on special item charges of about USD600m for closing its
South American operation and restructuring its Russian joint venture.
2 papermaker, sought to consolidate control of a
South American operation, and reached agreement to expand its North American affiliate.
The
South American operation is headquartered in Sao Paulo, Brazil and has offices in Rio de Janeiro, Brasilia, Belo Horizonte and Curitiba.
ENPNewswire-August 9, 2019--Canada Rare Earth Appoints Leader of
South American OperationsPreviously, Arriola was Sempra Energy's executive vice president of corporate strategy and external affairs, and now has added responsibility for oversight of the company's
South American operations. Additionally, Trevor Mihalik has been appointed Sempra Energy's executive vice president and CFO and Peter Wall, the company's vice president, controller and chief accounting officer, both effective May 1.
American has obtained Brazilian approval to build a $100-million maintenance center at Sao Paulo's Guarulhos airport to help it build up its
South American operations.
D'Agostino will lead the firm's North and
South American operations, directing global business development strategy and advise on hedge funds and other alternative investments, structuring and business solutions for offshore funds.