Iguatemi mall names CEO a non-family
News
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Oct 2021
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Business of Fashion
What: The Brazilian mall Iguatemi has named Christina Betts, formerly Vice President Finance, CEO of the company. She has been with Iguatemi for 13 years and will replace Carlos Jereissati, whose family founded the mall back in 1966.
Why it is important: Jereissati is credited for having upgraded the mall into a unique luxury destination across Brazil, with 14 sopping centres, as well as a recently launched digital platform, Iguatemi 365.
The company is reported to have had a total revenue of USD 131m in 2020, compared to 207m in 2019 and 226m in 2018.
