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Louis Dreyfus Loses Brazil Finance Chief

Wagner Bertazo left Rotterdam-based firm’s Brazilian unit

Louis Dreyfus Company logo

Louis Dreyfus Co.’s finance chief in Brazil has left the embattled commodities trader, adding to a host of management changes in recent years, reports Bloomberg.

Wagner Bertazo departed the company controlled by billionaire heiress Margarita Louis-Dreyfus after more than a decade in various roles. The move comes just over a month after the group named a new global chief financial officer.

Dreyfus’s Brazil unit has also faced an accounting issue that resulted in a relatively small impact on the overall profit for last year, according to people familiar with the matter, who asked not to be identified because the information is private.

In response to questions, the Rotterdam-based company said the Brazilian CFO’s departure wasn’t caused by accounting problems, without saying whether the unit had encountered such issues. Bertazo declined to comment.

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