COBERTURA ESPECIAL - EMBRAER

August 04, 2006 - 12:00 ( Brasília )

Embraer’s Board of Directors appoints Maurício Botelho’s successor



São José dos Campos, August 4, 2006 - Embraer announces that at a meeting held today its Board of Directors appointed Frederico Fleury Curado to succeed Maurício Botelho as President and CEO of Embraer, to be elected in April 2007, in accordance to a previously defined and publicly announced schedule.

After that date, Maurício Botelho will remain as Chairman of Embraer’s Board of Directors, a position he has held since last March 31, with a three-year mandate up to April 2009


Frederico Fleury Curado, 45, was born in Rio de Janeiro and received his under-graduate degree in Mechanical and Aeronautical Engineering from Brazil’s Aeronautics Technological Institute (Instituto Tecnológico de Aeronáutica – ITA). In addition, he has received his post-graduate degree in Foreign Trade at the Getúlio Vargas Foundation (Fundação Getúlio Vargas - FGV) and has completed the International Executive MBA program at the São Paulo University (Universidade de São Paulo - USP).

Since 1984, Frederico Fleury Curado has occupied several positions at Embraer in different areas, such as Production, Quality, Planning, Organizational Development, and Commercial. The experience that he has gained while at the Company, together with the strong leadership shown during the difficult years prior and after the Company’s privatization, qualified him to become a member of the key team led by Maurício Botelho, responsible for Embraer’s turnaround and re-structure.

As Embraer Executive Vice-President, Airline Market, during the last eight years, Fleury Curado has been leading this business unit with significant results, notably: the consolidation of the ERJ 145 family in the market, the launch, introduction and good acceptance of the EMBRAER 170/190 family in the world market, the growth of the Company’s customer portfolio, the establishment of operations in Singapore and China, and the expansion of Embraer customer support services worldwide.

His profound knowledge of Embraer – its culture, businesses, people and customers – combined with his strong leadership, makes Frederico Fleury Curado the appropriate person to guide Embraer from April 2007 into the future.


This announcement, nine months before completion of the succession process, aims at ensuring a smooth and harmonious transition process. During this time period, Embraer’s

Chairman of the Board, President and CEO Maurício Botelho will continue at the helm of Embraer conducting the transition process and ensuring the transmission of relevant information and relationships, without hurting or jeopardizing the good course of business.



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