Arlindo Porto - Companhia Energtica Insider

Deputy CEO, Member of the Executive Board

Mr. Arlindo Porto Neto serves as Member of the Executive Board of Companhia Energetica de Minas Gerais CEMIG since May 26 2009. Prior to this he had served as Deputy Chief Executive Officer of the company. Since 2004 he has served as Vice President of Development of Minas Gerais CODEMIG. He was Senator of the Republic by the State of Minas Gerais from 1995 to 2003. He also held the post of Minister of Agriculture and Supply from 1996 to 1998. From 1991 to 1994 he was Deputy Governor of the State of Minas Gerais. He was also Mayor of Patos de Minas from 1983 to 1988. He graduated in Business Administration and Accounting Sciences from Universidade Federal de UberlandiaUFU.
Age: 68  CEO Since 2015      
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Management Efficiency

The company has return on total asset (ROA) of 1.99 % which means that it generated profit of $1.99 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of 1.2 % meaning that it generated $1.2 on every $100 dollars invested by stockholders.
The company has accumulated 4.78 B in total debt with debt to equity ratio (D/E) of 1.12 which is about average as compared to similar companies. Companhia Energtica de Minas Gerais SA has Current Ratio of 0.71 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.

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Entity Summary

Companhia Energ?tica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil. Companhia Energtica de Minas Gerais SA (CIGN) is traded on Mexico Stock Exchange in Mexico. It is located in Avenida Barbacena, Belo Horizonte, MG and employs 7,860 people.

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Top Management

Companhia Energtica de Leadership Team
Otavio Azevedo, Director
Marco Branco, Director
Ricardo Charbel, Executive, MBA
Mauro Lemos, Chairman, Ph.D
Joaquim Castro, Director
Luiz Michalick, Executive
Marcelo Silva, Director, MBA
Djalma Morais, Chairman
Eduardo Ferreira, Executive
Marcio Serrano, Executive
Tadeu Guimaraes, Director
Jos Mattos, Executive
Jose Maia, Director
Ricardo Sena, Director
Victor Tito, Director
Fernando Schueffner, Executive
Allan Ferreira, Director
Franklin Goncalves, Executive, MBA
Nelson Moreira, Director
Paulo Guedes, Director, MBA
Aloisio Souza, Director
Arlindo Porto, CEO
Helvecio Magalhaes, Director, Ph.D
Arcangelo Queiroz, Director
Mateus Gomes, CEO
Raul Leite, Executive, MBA
Joao Penna, Director
Guy Paschoal, Director
Jose Mattos, Executive
Jose Fonseca, Executive
Frederico Medeiros, Executive
Luiz Rolla, Executive
Saulo Pereira, Director
Fabiano Pereira, Executive
Luis Santos, Executive
Luiz Carvalho, Executive
Eduardo Andrade, Director
Wando Borges, Director
Evandro Vasconcelos, Director, MBA
Maria Guimaraes, Executive, Ph.D
Marco Teixeira, Director
Jose Silva, Chairman
Fuad Noman, Director
Cesar Fernandes, Executive
Fernando Neto, Executive
Jose Rangel, Director

Stock Performance

Companhia Energtica Performance Indicators