StoneCo Announces Several New Management Appointments

Mar 18, 2022 By MarketDepth

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StoneCo Ltd. (NASDAQ: STNE) earlier today, announced several new executive management appointments.

Stock Gained Premarket

Shares of StoneCo Ltd. (NASDAQ: STNE) gained over 28% during the premarket trading session.

Appointed COO

Caio Fiuza, who previously served as the Head of the Company’s micro-merchant business TON, was appointed COO of the Financial Platform Division. Gilsinei Hansen, who was the Head of Linx Core division, will now take up the role of COO of the Software Division.


Additionally, João Bernartt, former Board Member of several retail companies in Brazil and founder of Chaordic, has also joined the Company as Chief Information Officer, with a greater focus in the Financial Platform Division. Sandro Bassili, former VP of People of Anheuser-Busch Inbev and member of the Board of Advisors for Grupo Boticário has joined the Company as Chief People and Management Officer.

“We believe these changes will help us simplify our operations, enable our team to focus and manage our bigger and evolving mission more effectively and create greater strength across our management structure.”

Chief Executive Officer, Thiago Piau