Tupy’s CEO is ranked among the best in Brazil according to Forbes

Published last week, the October edition of the Forbes Brasil magazine ranks Brazil’s top 10 CEOs. Among them is Fernando de Rizzo, the CEO of Tupy, a Brazilian multinational company headquartered in the city of Joinville, state of Santa Catarina. The metrics evaluated by the magazine, in partnership with the CEO/C-Level Program of @FGV, include financial indicators (revenue, profit and valuation) and the commitment to the ESG agenda of each company.

In 2021, Tupy posted the highest net revenue of its 84 years of
history – ¬R$7.1 billion. The Company maintained the same pace in the second quarter of this year: revenue and net income were the highest ever – R$2.5 billion (a 54% growth).

Mr. Rizzo told the magazine that the Company’s path has been increasingly connected with society’s current challenges, the low-carbon economy and diversification. These are initiatives undertaken by “a team with great leadership and execution capacity”.

In addition to Fernando de Rizzo, the ranking includes Antonio Filossa of Stellantis; Belmiro de Figueredo Gomes of Assaí Atacadista; Fabio Faccio of Renner; Fernando Galletti de Queiroz of Minerva Foods; Gustavo Werneck da Cunha of Gerdau; Jane Tsutsui of Fleury; Luis Henrique Guimarães of Cosan; Paula Lindenberg of Diageo; and Thiago Maffra of XP.

Starting out as an intern

Before becoming Tupy’s CEO, Mr. Fernando Cestari de Rizzo held various leadership positions in Engineering, Strategic Planning, Marketing, Sales and Manufacturing. Over his 30-year career at the Company, where he started out as an intern,
Mr. Rizzo has increased his business knowledge and gained experience in multiple areas and regions of operations, which enabled him to navigate Tupy’s entire value chain, from operations to customer service.

In addition to earning specialization degrees from CEAG FGV/SP and Stanford,
Mr. Fernando Cestari de Rizzo has a bachelor’s degree in Mechanical Engineering from Fundação Armando Alvares Penteado (FAAP) and an MBA in Marketing and Finance from Indiana University (Bloomington, IN, USA).

About TUPY

A Brazilian multinational company that designs and manufactures cast iron structural components with highly complex geometry and metallurgy. These engineering solutions are applied to the transportation, infrastructure, agribusiness and energy generation sectors, contributing to the quality of life of people, promoting access to health, basic sanitation, drinking water, and the production and distribution of food worldwide. The production is concentrated in the Brazilian factories located in Betim (MG), Joinville (SC) and Mauá (SP), and abroad, in the cities of Aveiro, in Portugal, and in Saltillo, and Ramos Arizpe, in Mexico. The Company also has commercial offices in Brazil, Germany, Italy, and the U.S. www.tupy.com.br

Media Relations
Edelman: TUPY@edelman.com