UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 17, 2023, the Company appointed Ms. Ana Cristina Russo as the new CFO of the Company, effective immediately, to serve in such capacity until a successor has been elected and qualified, or until her resignation or removal.
Ms. Russo is the Company's newly appointed CFO. Ms. Russo joined Patria Group on October 3, 2022 and is the Chief Financial Officer of Patria Investments Limited. Ms. Russo is a seasoned finance and business executive with significant global experience. She has broad finance expertise, having managed a full range of finance functions throughout her career, as a department head and Brazil CFO (for Philip Morris International and earlier in her career with Remy Cointreau) and Central America & Caribbean and Latin America & Canada CFO (for Philip Morris International), as well as Chief Auditor for the same company. She also has developed a deep connection with business process, acting as a Business Partner to division leaders and General Managers, and also managing a full P&L as GM of Central America & Caribbean. Ms. Russo also has meaningful experience dealing with distribution processes, government relations, and mergers and acquisitions.
On May 17, 2023, Mr. Marco Nicola D'Ippolito submitted to the Company a notice of his resignation from his position as CFO, with such resignation to be effective immediately. The Company accepted Mr. D'Ippolito's resignation on May 17, 2023. Mr. D'Ippolito's resignation as CFO did not result from any disagreement with the Company on any matter relating to the Company's operations, policies or practices. Mr. Marco Nicola D'Ippolito, who has been serving as the Chief Financial Officer, will allocate his time to develop Patria's organic and inorganic growth strategies, evolving to the leadership of a new business vertical in Patria Investments Limited, as Chief Corporate Development Officer.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 17, 2023
| PATRIA LATIN AMERICAN OPPORTUNITY ACQUISITION CORP. | ||
| By: | /s/ José Augusto Gonçalves de Araújo Teixeira | |
| José Augusto Gonçalves de Araújo Teixeira | ||
| Chief Executive Officer | ||