Management

David Gary Neeleman, a dual Brazilian and U.S. citizen, is the Chairman of our Board of Directors and served as Chief Executive Officer until July 2017, since he founded Azul in January 2008. Prior to Azul, Neeleman founded JetBlue Airways, where he held the position of Chief Executive Officer from 1998 to 2007 and Chairman of the Board of Directors from 2002 to 2008. Neeleman’s career in the airline industry began in 1984 when he co-founded Morris Air. As President of Morris Air, he implemented the industry’s first electronic ticketing system and pioneered a home reservationist system that is now the foundation of JetBlue’s call center. Neeleman sold Morris Air in 1993 and took the electronic ticketing to Open Skies Incorporated. He later sold Open Skies Inc. to Hewlett Packard in 1999. Neeleman was also co-founder of WestJet Airlines and served as a member of its Board of Directors from 1996 to 1999. Neeleman currently also serves as CEO and Chairman on Breeze AirwaysTM, as well as a member of the Board of Directors of Lilium N.V. since September 2021.

Sérgio Eraldo de Salles Pinto has been an independent member of our Board of Directors since March 10, 2008. Sergio is CEO of Grupo Bozano and currently also serves as an external member of the Audit, Risk and Ethics Committee of Embraer, member of Investment Committees of Crescera Capital, CEO of Legend Capital and representative member of the Shareholders Committee of Conglomerado Alfa. In addition to the positions currently held, he served as a member of the Board of Directors of large companies, such as Netpoints, Embraer, Votorantim S.A. and Votorantim Finanças S.A., having also served as director of Banco Bozano, Simonsen S.A., and held the position of Chairman of Bozano Simonsen Securities in London. Sergio holds a degree in Economics and Electrical Engineering from the Universidade de Brasília and a master’s degree in Economics from Fundação Getúlio Vargas do Rio de Janeiro and a master’s degree in Business Administration from the Pontifícia Universidade Católica do Rio de Janeiro.

Gilberto de Almeida Peralta has been an independent member of our Board of Directors since August 24, 2018. With more than 40 years of experience in the aviation sector, Peralta has held led positions at General Electric-GE global conglomerate, including the positions of Chief Executive Officer of GE Brasil, General Manager of GE Capital Aviation Services in Latin America and Caribbean, having also held the position of Vice President at GE Aviation in France, where he led the Airbus aircraft area. Peralta holds a bachelor’s degree in Civil and Mechanical Engineering from the Universidade Católica de Petrópolis, and currently also serves as Chairman of the Board of Directors of Helibras – Helicópteros do Brasil S.A., an Airbus Group subsidiary, as well as an independent director of Ascensus Group.

Daniella Marques Consentino has been an independent member of the Company’s Board of Directors since October 2023. Mrs. Marques has more than 17 years of experience in the financial market and in asset management area, is Chairperson, and partner responsible for Business Solutions area of Legend Capital. Mrs. Marques is also a member of the Strategic Board of Astra Payments, and partner at Gaya Advisors were acts as a mentor and speaker on topics focused on inclusion and financial promotion of women. Mrs. Marques held the position of President of Caixa Econômica Federal, the largest bank in terms of assets in Brazil – exceeding 1 trillion Reais, with around 90 thousand employees. She worked directly in structuring and conducting female entrepreneurship and financial guidance programs for women through the “Caixa pra Elas” and “Brasil pra Elas” programs, reaching more than 30 million women. Mrs. Marques was also a founding partner and COO of Crescera Capital, and headed the Special Advisory for Strategic Affairs of the Brazilian Ministry of Economy, working on highly relevant projects, such as the Brazilian Pension Reform, the Sanitation framework and coping measures of COVID-19. She was the Special Secretary for Productivity and Competitiveness, leading the resumption of the Crédito Brasil Empreendedor program, the reduction of the Brazilian tax “IPI” and the Investment Monitor. She was President of the Board of Directors of Elo Serviços S.A. – Elo Cartões and the Brazilian Agency for Industrial Development – ABDI, as well as a member of the Board of Directors of CNP Seguros Holding Brasil S.A., among other leadership positions. Mrs. Marques has a degree in Business Administration from the Pontifical Catholic University of Rio de Janeiro – PUC/RJ, and an MBA in Finance from IBMEC.

Renata Faber Rocha Ribeiro has been an independent member of our Audit Committee since December 8, 2022. She holds a degree in Business Administration from Fundação Getúlio Vargas – FGV, and has been working at BTG Pactual Group since August 2020, where she holds the position of ESG Director for Exame Magazine. Prior to that, Renata accumulated over 15 years of experience in Equity Research at Itaú BBA, in the transportation, logistics and capital goods sectors, being recognized by Institutional Investor magazine’s ranking as one of the best analysts in Latin America in these sectors, between 2005 and 2017. Renata also studied Leadership in Sustainability and Corporate Responsibility at London Business School, and has been active in several partnerships and projects aimed at advancing the sustainability agenda.

Patrick Wayne Quayle has been an independent member of our Board of Directors since April 29, 2021. Patrick brings 15+ years of experience in airline network, fleet, and corporate planning across positions at United Airlines, American Airlines, and Continental Airlines. Patrick is currently Senior Vice President, International Network and Alliances at United Airlines, where he is responsible for the company’s $20B international route portfolio and enterprise fleet strategy. He has led the launch of 70+ new international routes to 15+ new destinations and has directed the design and interior configuration of more than 1,000 aircraft. Patrick received his Bachelor of Arts in political science from Rice University, his MBA from the University of Bath, and was named to Crain’s Chicago Business 40 Under 40.

José Mario Caprioli dos Santos is a member of our Board of Directors, having been our Vice President of Institutional Relations from February 18, 2014 to March 9, 2020, and Chief Operating Officer from August 15, 2012 to February 18, 2014. Caprioli was the founder of TRIP, where he served as the Chief Executive Officer from 1998 to 2013. Caprioli holds a bachelor’s degree in Business Administration from Pontifícia Universidade Católica de Campinas. He also attended a specialization course on public transportation at Universidade de Campinas and a capital markets program at Columbia University. He currently also serves as an independent member of the Board of Directors of four more companies.

James Jason Grant is an independent member of our Board of Directors. Mr. James is a management partner of a Private Equity company, Headhaul Capital Partners, that focuses on investing in transportation and logistics companies. From February 2022 until August 2024, he was the Chief Financial Officer of Singer Vehicle Design Inc., a luxury automobile manufacturer.

Jonathan Seth Zinman is an independent member of our Board of Directors. Mr Jonathan has over 17 years of industry experience. He founded and currently manages JZ Advisors LLC and sums many years as a managing director at large capital and asset management companies. Mr. Zinman holds a BA from Duke University and an MBA and JD from the University of Michigan.

John Peter Rodgerson has been our Chief Executive Officer since July 24, 2017. Prior to this position, Mr. Rodgerson was our Chief Financial and Investor Relations Officer, responsible for the Financial Planning and Analysis, Treasury and Accounting areas of the Company. Mr. Rodgerson worked with David Neeleman on the original business plan for the incorporation of the Company, being one of its founding members. He also was the Chief Executive Officer of the Company’s operating subsidiary, Azul Linhas Aéreas Brasileiras S.A., between August 2019 and October 2022. Mr. Rodgerson also served as Planning and Financial Analysis Officer at JetBlue Airways from 2003 to 2008. He previously worked for IBM Global Services from 2001 to 2003. He holds bachelor’s degree in Finance from Brigham Young University.

Alexandre Wagner Malfitani is our Chief Financial Officer and Investor Relations Officer since July of 2017. Previously, Mr. Malfitani was the head of our TudoAzul loyalty program and our Finance and Treasurer Officer. Mr. Malfitani joined the Company in 2008 as one of the airline’s founding members. Before joining the Company, Mr. Malfitani worked at United Airlines in Chicago, United States of America, in several leadership positions, including general treasury officer. Before that, he worked for five years in the finance industry, including as fund manager at Deutsche Bank, as well as a trader at Credit Agricole Indosuez Wealth Management. Mr. Malfitani has an MBA with honors from the Kellogg School of Management and a bachelor’s degree in engineering from Universidade de São Paulo. He is also a Chartered Financial Analyst – CFA.

Daniel Tkacz has been our Vice President of Operations since March 2022, but he has been part of the company’s crew since 2009, having served as a director in the areas of planning and also as CCO. In addition to his extensive professional experience, he has an excellent educational background, with a degree in Business Administration from ESPM in 2004, a dual national MBA in Business Management from FGV and Fundação Dom Cabral in 2006 and 2015, respectively, and a third specialization in Aeronautics, Aviation, and Aerospace Science and Technology from Embry-Riddle Aeronautical University in 2018.

Abhi Manoj Shah has been our Chief Revenue Officer since September 5, 2014, and one of the founding members of the Company. Before joining our team, he worked at JetBlue Airlines from 2004 to 2008, as well as at Boeing from 2000 to 2004. Mr. Shah was elected on October 5, 2022 as President of our operating subsidiary, Azul Linhas Aéreas Brasileiras S.A., in addition to serving as President of the subsidiary ATS Viagens e Turismo Ltda. since July 2017. Mr. Shah holds a bachelor’s degree in aerospace engineering from the University of Texas and a master’s degree in Aerospace Engineering from the University of Washington.

Linneu de Alburquerque Mello is an effective member of the Company’s Fiscal Council. A lawyer with over 35 years of experience in corporate law, corporate governance, and compliance. Expertise in strategic legal advice for large companies (especially publicly traded), with a focus on risk mitigation and regulatory compliance. Proven skills in leadership, decision-making, and effective communication. Partner at top-tier law firms such as Pinheiro Guimarães – Advogados and Bichara Advogados, providing legal advice on compliance issues, mergers and acquisitions, and corporate restructuring, as well as representing companies in complex litigation and high-value contractual negotiations, and evaluating and monitoring legal and regulatory risks in the industry. Technical Skills: Corporate Law; Corporate Governance; Compliance and Regulation; Risk Management and critical analysis; Mergers and Acquisitions; Independence; Good understanding of accounting, finance, and corporate law to analyze and opine on the acts of the administration and the financial situation of the company. Behavioral Skills: Leadership and Team Management; Communication and Active Listening; Critical Thinking and Decision Making; Negotiation and Conflict Resolution. Education: Doctorate in Law – University of Michigan Law School; Master’s in Comparative Legislation – University of Michigan Law School; Master’s in International Taxation – Harvard Law School; Bachelor’s in Law – Universidade do Estado do Rio de Janeiro.

Rene Santiago dos Santos is an effective member of the Company’s Fiscal Council. He has nearly 30 years of experience in large companies, holding leadership positions in finance and controllership, especially in the sectors of air transport, retail, and auditing. He served as the Company’s Financial and Controllership Director for over 11 years, as well as held the positions of Financial and Administrative Director and Investor Relations Director at Marisa Lojas S.A., between August 2022 and February 2023. Mr. Rene also served as Executive Financial Director of AMIL – United Health Group Brazil, and Arcos Dourados Brazil, in addition to having held various other positions in the financial area at TAM Linhas Aéreas, Grupo Pão de Açúcar, and C&A Modas. He began his career in the auditing sector, having worked at PwC Auditores Independentes Ltda. Mr. Rene holds a degree in Accounting, and also has a Postgraduate degree in Controllership from Fundação Getúlio Vargas – FGV.

Marcio Donizete Berstecher is an effective member of the Company’s Fiscal Council. He is currently the Director of Controllership/Accounting/Taxes of a national group (privately held) located in the State of São Paulo and a former partner of Ernst & Young Auditores Independentes, where he worked for approximately 28 years.

Mariana Cambiaghi Lourenço is an alternate member of the Company’s Fiscal Council and was an effective member between April 2023 and May 2024. Mrs. Mariana served as the Company’s Director of Controllership between 2016 and 2020, worked as the Company’s Accounting Manager between 2011 and 2015, and also held, between July 2021 and May 2022, the position of effective specialist member in accounting of the Non-Statutory Audit Committee of Armac Locação, Logística e Serviços S.A. Mrs. Mariana served as Controller of JHSF, between August 2015 and March 2016, and held the position of Executive Financial Director (CFO) at Zenvia Mobile Serviços Digitais S.A. between August 2021 and September 2022. Mrs. Mariana holds a degree in Business Administration from Fundação Armando Alvares Penteado – FAAP and in Accounting from Universidade Paulista. Additionally, she has a specialization in Business Management from Fundação Dom Cabral.

Fernando de Camargo Penteado is an alternate member of the Company’s Fiscal Council. He has over 20 years of experience in the areas of tax consulting, corporate and contractual, having also worked in the corporate tax accounting sector, with a focus on VAT and CIT taxes, Capital Markets, Transfer Pricing, and Due Diligence. Mr. Fernando is also Managing Partner and founder of Camargo Penteado Contabilidade Tributária, since January 2016. Previously, he was a partner at Rocha Camargo Subi, in Campinas/SP, between July 2018 and December 2020. He worked as a senior tax consulting manager at Deloitte Touche Tohmatsu between September 2003 and December 2015, and as Financial Director at Hildebrand Mkt Consultoria em Gestão Ltda., between May 2010 and October 2014. He has extensive experience in business accounting, especially in International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles in the United States (US GAAP). Mr. Fernando holds a bachelor’s degree in Accounting from Universidade Paulista, as well as a degree in Law and a Postgraduate degree in Tax Law, both from Pontifícia Universidade Católica de Campinas.

Ricardo Reisen de Pinho is an alternate member of the Company’s Fiscal Council and has been serving as a member of Boards of Directors since 2006. He is currently a member of the Boards of Vittia and Brado Logística, having also served on the Boards of Administration of Invepar, Light, Naturgy, Oi, EMGEA, BR Insurance, Tupy, Itacaré Capital, Saraiva, Metalfrio, and Banco Nossa Caixa. He serves or has served as a Fiscal Councilor at Bradespar and Embratel, as well as on the Advisory Council of Belliz Company, Editora do Brasil, and LABSSJ, and as a Volunteer at AACD. As a councilor, he participates in finance, audit, people and governance, strategy, and sustainability committees in some of the mentioned companies. Between 1985 and 2001, he worked as an executive in the areas of corporate finance, investment banking, and strategic planning at Itaú, Garantia, and ABNAmro banks. He was also a senior researcher at Harvard Business School – LARC between 2002 and 2014. He holds a degree in mechanical engineering (84), a master’s degree in production/finance engineering (89), both from PUC-RJ, a doctorate in administration/strategy from FGV EAESP (08), and a specialization in administration from Harvard (PMD99) and Wharton (AMP01). He has been a certified councilor by IBGC since 2010 and has extensive international publications in Harvard Business Publishing.