Fabio Schvartsman, CEO of Klabin, Named RISI Latin American CEO of the Year
Analysts remark on financial transformation of Brazil's largest paper producer
SAO PAULO, Aug. 7, 2012 /PRNewswire/ -- RISI, the leading information provider for the global forest products industry, today announced Mr. Fabio Schvartsman, chief executive officer of Klabin, has been named the 2012 Latin American CEO of the Year by RISI, the leading information provider for the global forest products industry. Under Mr. Schvartsman's leadership, Klabin has significantly improved its financial position within the last two years and announced an ambitious expansion project. The award will be presented to Mr. Schvartsman at the Seventh Annual RISI Latin American Pulp and Paper Outlook Conference on August 28, 2012 in Sao Paulo, Brazil.
Mr. Schvartsman was chosen as the RISI Latin American CEO of the Year Award due to his achievements in the transformation of Klabin, Brazil's largest paper producer. The award, presented to outstanding leaders in the pulp and paper industry, is selected based on a survey to a group of investment analysts and portfolio managers who cover the forest products industry, using criteria that include leadership, vision and strategic accomplishment.
"Mr. Schvartsman delivered a very strong operating turnaround for the company and improved the market view of Klabin completely," said one analyst. "One of the outcomes was that Klabin was one of the best performers in the whole Brazilian stock market in 2011."
Prior to joining Klabin, Mr. Schvartsman was president of San Antonio Internacional from 2008 – 2010 and president of Telemar Participacoes S.A. from 2007 – 2008. With a background in production engineering and graduate degrees in engineering and business administration, Mr. Schvartsman has held various leadership positions at Ultraprev and Duratex S.A.
In addition to accepting his award at RISI's Latin American Pulp and Paper Outlook Conference in Sao Paulo, Mr. Schvartsman will present the keynote speech and join the CEO panel. The conference will feature industry leaders and experts, along with RISI's economists and engineers, as they give their outlook for the Latin American and global forest products industry.
RISI's Latin American CEO of the Year Award was first presented in 2007. RISI organizes four regional CEO awards each year for Europe, Asia, Latin America and North America, with the winner presented at the regional RISI conferences. In addition, the Global CEO of the Year Award is presented at the PPI Awards event, held in Brussels on November 15, 2012.
About Klabin (www.klabin.com.br)
Klabin is a 113 year-old Brazilian company and the biggest producer and exporter of paper in the country and the largest paper recycler in Latin America. It is the leading manufacturer of packaging paper and board, corrugated boxes and industrial sacks and also sells timber in logs. It has 16 industrial plants in Brazil and one in Argentina.
About the RISI Latin American Conference (www.risi.com/laconf)
The 6th RISI Latin American Pulp & Paper Outlook Conference will be held at the Intercontinental Hotel in Sao Paulo, Brazil on August 29 - 31, 2012. The conference will address some of the key issues in today's Latin American pulp and paper market. HP, ColorLok, Voith, BTG, Albany, Cenibra, and Bracelpa have signed on as official sponsors for the event. Conference programs and registration details are available online at www.risi.com/laconf.
About RISI (www.risi.com)
Owned by UBM plc, which is listed on the London Stock Exchange, RISI is the leading information provider for the global forest products industry. The company works with clients in the pulp and paper, wood products, timber, biomass, tissue, nonwovens, printing and publishing industries to help them make better decisions.
Headquartered in Boston, MA, RISI operates additional offices throughout North and South America, Europe and Asia.
About UBM plc (www.ubm.com)
UBM plc is a leading global company. We inform markets and bring the world's buyers and sellers together at events, online, in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, from farmers to pharmacists around the world. Our 6,000 staff in more than 30 countries are organised into specialist teams that serve these communities, helping them to do business and their markets to work effectively and efficiently.
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