The Board of Directors of Cosan (CSAN3) resolved, at a meeting held on November 13, 2026, to begin the succession process for the Chief Executive Officer (CEO), Marcelo Eduardo Martins. His resignation will be effective on January 4, 2027. The decision had the support of the People Committee.
Guilherme Penin, the current Vice President of Strategy, Communications and Institutional Relations, was elected and approved by the Board to take over as interim CEO starting January 4, 2027. According to Cosan, he has more than 20 years of experience in the infrastructure sector and 10 years with the group.
Marcelo Martins will remain on the Board of Directors of Cosan and its subsidiaries Rumo, Compass and Moove. He will also continue to support the shareholders and his successor during the transition, on strategic matters and on mergers and acquisitions (M&A) topics.
The company noted that, since 2024, the executive accepted a new term and worked on Cosan's capitalization in 2025, with the entry of new partners, and on leading Raízen's Out-of-Court Restructuring, together with the company's teams and Shell. Cosan states that the transition will be carried out with planning and transparency, ensuring the continuity of its strategy.
Is CSAN3 worth investing in?
- Price
- R$ 2.85
- as of 11/12/2026
- Dividend yield
- 0.00 %
- P/L
- N/A
- P/VPA
- 2.26
