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CIG Energy Company of Minas Gerais

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  • 2.470
  • -0.005-0.19%
Close Mar 28 16:00 ET
  • 2.490
  • +0.020+0.81%
Post 17:42 ET
5.44BMarket Cap4.98P/E (TTM)

About Energy Company of Minas Gerais Company

Companhia Energética de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation and Sale, Transmission, Distribution, Gas, and Other Businesses. The Generation and Sale segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.

Company Profile

SymbolCIG
Company NameEnergy Company of Minas Gerais
Listing Date09/18/2001
Founded1952
CEOMr. Reynaldo Passanezi Filho
MarketNYSE
Employees4969
Securities TypeDR
ADS Ratio1.0 : 1.0
Fiscal Year Ends12-31
AddressAvenida Barbacena 1200
CityMinas Gerais
ProvinceMinas Gerais
CountryBrazil
Zip Code30190
Phone212-259-8000

Company Executives

  • Name
  • Position
  • Salary
  • Reynaldo Passanezi Filho
  • Chief Executive Officer
  • --
  • Dimas Costa
  • Chief Trading Officer
  • --
  • Leonardo George de Magalhaes
  • Chief Finance and Investor Relations Officer
  • --
  • Marney Tadeu Antunes
  • Chief Distribution Officer
  • --
  • Thadeu Carneiro da Silva
  • Chief Generation and Transmission Officer
  • --
  • Henrique Motta Pinto
  • Chief Counsel and Chief Officer for Regulation
  • --
  • Marcio Luiz Simoes Utsch
  • Chairman of the Board
  • --
  • José Reinaldo Magalhaes
  • Director
  • --
  • Jose Joao Abdalla Filho
  • Director
  • --
  • Marcus Leonardo Silberman
  • Director
  • --
  • Paulo Cesar de Souza e Silva
  • Director
  • --
  • Jaime Leoncio Singer
  • Director
  • --
  • Ricardo Menin Gaertner
  • Director
  • --
  • Roger Daniel Versieux
  • Director
  • --
  • Anderson Rodrigues
  • Director
  • --
  • Marco da Camino Ancona Lopez Soligo
  • CEMIGPar Director
  • --
  • Aloisio Macario Ferreira De Souza
  • Independent Director
  • --
  • Afonso Henriques Moreira Santos
  • Independent Director
  • --

Analysis

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