Arco adds Paula Soares de Sá Cavalcante to its Board of Directors

– BRAZIL, Sao Paulo –  Arco Platform Limited (dba Arco) (Nasdaq: ARCE) today announced the appointment of Paula Soares de Sá Cavalcante to its Board of Directors, effective immediately.

The appointment of Ms. Cavalcante, a shareholder from Arco’s founding family, is part of a long-term succession plan for Mr. Oto de Sá Cavalcante and reinforces the family’s long-term commitment to Arco.

Ms. Cavalcante holds a bachelor’s degree in Business Administration from the University of Fortaleza and a postgraduate degree in Finance from Insper. She worked at Deloitte in the auditing and mergers and acquisitions areas for 4 years.

The Board of Directors is now composed of three members of the controlling family, including the non-executive Chairman, the CEO, and Ms. Cavalcante, and seven independent members, resulting in a diversity of skills and experience to enhance decision-making and accelerate its mission of delivering high-quality education at scale:

  • Oto Brasil de Sá Cavalcante : Chairman
  • Ari de Sá Cavalcante Neto : Director
  • Paula Soares de Sá Cavalcante : Director
  • Beatriz Amary : Independent Director
  • Carla Schmitzberger : Independent Director
  • David Peixoto dos Santos : Independent Director
  • Edward Ruiz : Independent Director
  • Martin Escobari : Independent Director
  • Pablo Doberti : Independent Director
  • Stelleo Tolda : Independent Director

About Arco Platform Limited

Arco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning methodology, proprietary adaptable curriculum, interactive hybrid content, and high-quality pedagogical services allow students to personalize their learning experience while enabling schools to thrive.

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