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Portugal-based Sonae's Board Nominates New CEO, Chair

MT Newswires·10/02/2026 01:28:20
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01:28 AM EDT, 10/02/2026 (MT Newswires) -- Portuguese investment holding company Sonae's (SON.LS) board nominated Chief Financial Officer João Dolores as new chief executive officer, succeeding Cláudia Azevedo. Azevedo, who decided not to serve as CEO for a third term, was proposed by the board as new chairwoman, according to a Thursday release. Azevedo will replace the current Chairman Paulo Azevedo, who is not seeking re-election. Subject to shareholder approval, the appointments will take effect following the company's 2027 annual general meeting.