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CEO of the Year, Thilo Mannhardt, CEO, Ultrapar

|   By Santiago Gutiérrez   | The credit rating on Ultrapar Participações’ debt now stands one notch above Brazilian government bonds. Having a better rating than its own country’s sovereign debt is an exceptional achievement that evidences the extraordinary strength of this multibusiness company, which traces its origin back to 1937 as a gas distribution business founded by Austrian entrepreneur Ernesto Igel. Another obvious show of strength is that Ultrapar’s stock price has managed to weather the storm generated by falling international commodity prices and by the Brazilian recession. It increased 20 percent over the last five years in […]
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