Reports Q4 revenue R$2.71B vs R$1.87B last year. Thiago Piau, CEO, commented: "Overall, the fourth quarter was a strong way to end an important year of transition. Perhaps, more importantly, I believe we have repositioned the company on much stronger footing to continue driving greater outcomes to all stakeholders in this new chapter of Stone’s journey. As I transition to the Board and turn over the operations to our new CEO, Pedro Zinner, I feel that we are providing him a good platform to continue building upon and improving. Our work to fulfill our mission towards our clients, our team and our shareholders is certainly not done, but I believe Pedro is the right person to lead Stone into the future and I am very excited as a shareholder to have him join us. Pedro has more than 25 years of experience in leadership, strategy, risk management and finance and he will bring a powerful vision to drive the next phase of value creation for our business."
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on STNE:
