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Gerdau S.A. (GGB)

NYSE - NYSE Delayed price. Currency in USD
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4.2300+0.0700 (+1.68%)
At close: 04:00PM EDT
4.2011 -0.03 (-0.68%)
After hours: 06:47PM EDT

Gerdau S.A.

Av. Dra. Ruth Cardoso, 8501
8th floor
São Paulo, SP 05425-070
Brazil
55 11 3094 6300
https://www2.gerdau.com

Sector(s)Basic Materials
IndustrySteel
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Gustavo Werneck Da CunhaMember of Board Of Executive Officers CEO & DirectorN/AN/A1973
Mr. Claudio Gerdau JohannpeterVice Chairman of the BoardN/AN/A1963
Mr. Marcos Eduardo Faraco WahrhaftigExecutive VP of Strategy & Member of Board of Executive OfficersN/AN/A1972
Mr. Rafael Dorneles JapurMember of Board of Executive Officers, Executive VP, CFO & Investor Relations OfficerN/AN/A1982
Mr. Fabio Eduardo de Pieri SpinaLegal Director, General Counsel & Corporate Affairs Offi. and Member of Board of Executive OfficersN/AN/A1972
Mr. Mauro De PaulaMember of Board of Executive Officers & Commercial Executive OfficerN/AN/A1962
Mr. Cesar Obino Da Rosa PeresMember of Board of Executive Officers & Commercial Officer of Gerdau Steel BrasilN/AN/A1962
Mr. Rubens Fernandes PereiraMember of Board of Executive Officers and VP of operations in Brazil, Argentina & UruguayN/AN/A1972
Mr. Wendel Gomes Da SilvaMember of Board of Executive Officers and Director of Mining & Raw MaterialsN/AN/A1974
Aldo Tapia CastilloMember of Board of Executive OfficersN/AN/AN/A
Amounts are as of 31 December 2017, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Gerdau S.A., together with its subsidiaries, operates as a steel producer company. It operates through Brazil Business, North America Business, South America Business, and Special Steel Business divisions. The company provides semi-finished products, including billets, blooms, and slabs; common long rolled products, such as rebars, wire rods, merchant bars, light shapes, and profiles to the construction and manufacturing industries; drawn products comprising barbed and barbless fence wires, galvanized wires, fences, concrete reinforcing wire mesh, nails, and clamps for manufacturing, construction, and agricultural industries; and special steel products used in auto parts, light and heavy vehicles, and agricultural machinery, as well as in the oil and gas, wind energy, machinery and equipment, mining and rail, and other markets. It also offers flat products, such as hot-rolled steel coils and heavy plates; and resells flat steel products. In addition, the company operates three mines that produce iron ore located in the Brazilian state of Minas Gerais. It sells its products through independent distributors, direct sales from the mills, and its retail network. The company was founded in 1901 and is based in São Paulo, Brazil.

Corporate governance

Gerdau S.A.’s ISS governance QualityScore as of 1 March 2024 is 8. The pillar scores are Audit: 5; Board: 9; Shareholder rights: 5; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.