TAM Appoints Emilio Romano as Member of Board of Directors and Resignation of Flavia Turci
Ft Lauderdale, Florida 11/21/2009 04:30 PM GMT (TransWorldNews)
TAM (NYSE: TAM) has accepted the resignation of Flavia Turci at Extraordinary General Shareholders' Meeting. The company has appointed Emilio Romano as new member of the Board of Directors. Emilio Romano is currently the President & CEO of Grupo Puerta Alameda. The company's President of the Board, Maria Claudia Oliveira Amaro, and Vice President, Mauricio Rolim Amaro, will remain in the positions they have both held since April, 2007.
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About TAM
TAM has been the leader in the Brazilian domestic market for more than four years, and held a 44.6% domestic market share and 86.8% international market share at the end of October 2009. TAM operates regular flights to 42 destinations throughout Brazil. It serves 79 different cities in the domestic market through regional alliances. Operations abroad include flights to 17 destinations in the United States, Europe and South America.
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