Executive vice president of legal, tax, people, and compliance | BRF
Heraldo Geres
Executive vice president of legal, tax, people, and compliance | BRF
How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure the organisation’s resilience?
BRF is the result of the union between Sadia and Perdigão, with over 90 years of history and over 100,000 employees. Therefore, we must think of the company as something lasting, long-term, subject to ups and downs. Therefore, the legal area must reflect this. Having a solid team and showing that the path can be difficult is the secret to success. Challenges and overcoming obstacles are sources of learning. The organization always overcomes them and comes out better prepared.
What are the major cases or transactions you have been involved in recently?
I recently led the sale of Marfrig Global Foods assets in the following jurisdictions: Brazil, Argentina, Uruguay and Chile – a R$7.5 billion transaction.
I am also leading the merger (incorporation of shares) between Marfrig Global Foods S.A and BRF SA, a transaction that will result in the creation of MBRF GLOBAL FOODS COMPANY, which should result in the 7th largest company in Brazil, with revenues of around R$150 billion and more than 130,000 employees.
What emerging technologies do you see as having the most significant impact on the legal profession in the near future, and how do you stay updated on these developments?
I recently led the sale of Marfrig Global Foods assets in the following jurisdictions: Brazil, Argentina, Uruguay and Chile – a R$7.5 billion transaction.
I am also leading the merger (incorporation of shares) between Marfrig Global Foods S.A and BRF SA, a transaction that will result in the creation of MBRF GLOBAL FOODS COMPANY, which should result in the 7th largest company in Brazil, with revenues of around R$150 billion and more than 130,000 employees.
In your opinion, what are the main trends that are salient in your country currently (these can be legal, political, economy or business-based)?
With the strong geopolitical turbulence, we understand that Brazil, especially the agricultural sector, could benefit from the intensification of bilateral trade agreements with countries that wish to have access to Brazilian products. Food security in a time of trade war is one of the aspects most closely observed by governments of jurisdictions dependent on imports to feed their populations. As a result, the strengthening of partnerships should intensify, benefiting the Brazilian agricultural sector. This time, the trend towards commercial rapprochement is something that should persist even after an unlikely geopolitical pacification. In other words, even after these more turbulent days, for strategic reasons, countries should seek alternatives capable of mitigating the risks of food shortages. On the one hand, opportunities arise, but also the challenge of entering into the best trade agreements, which places the international legal relationship at the centre of the discussion.
Vice President Legal | Marfrig Group
Since 2006 Heraldo Geres has been at multinational food company Marfrig Group, where he currently assumes the role of vice president overseeing legal affairs from the company’s base in São...
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Heraldo Geres continues to impress as chief legal officer for Marfrig Group, a major multi-national food company specialising in meat products including Brazilian beef. A lawyer with 25 years experience...