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StoneCo Announces Board Transition and Strong Performance

StoneCo Announces Board Transition and Strong Performance

Stoneco (STNE) has released an update.

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StoneCo Ltd. has announced significant changes to its Board of Directors. Founder André Street will not seek re-election at the upcoming Annual General Meeting, with proposed successors Mauricio Luchetti and Gilberto Caldart poised to take over as Chairman and Vice-Chairman, respectively. The company celebrates a successful year with record-breaking financial performance and remains dedicated to its entrepreneurial spirit and social impact.

For further insights into STNE stock, check out TipRanks’ Stock Analysis page.

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