StoneCo adds Pedro Franceschi and Mateus Scherer Schwening to its Board of Directors

– BRAZIL, Sao Paulo –  StoneCo Ltd. (NASDAQ: STNE) today announced the appointments of Pedro Franceschi and Mateus Scherer Schwening to its Board of Directors, effective immediately.

Following these appointments, the current Board members are:

  • André Street,
  • Eduardo Cunha Monnerat Solon de Pontes
  • Thomas Patterson,
  • Ali Mazanderani,
  • Roberto Moses Thompson Motta,
  • Sílvio José Morais,
  • Ms. Luciana Aguiar,
  • Pedro Franceschi
  • Mateus Scherer Schwening

About Pedro Franceschi

Pedro Franceschi is Co-Founder & Co-CEO of Brex — a company reimagining financial systems so every growing company can realize their full potential and take control of their spending and business as they scale. At the age of 12, Pedro was the first person to “jailbreak” the iPhone 3G in Brazil and subsequently was the first person to build software to make Apple’s Siri virtual assistant speak in Portuguese. At age 14, he built a popular window manager for Apple’s iPad allowing users to manage multiple applications simultaneously – a process previously impossible. As a Brazilian entrepreneur, Pedro built Pagar.me along with his co-founder Henrique Dubugras, being responsible for all technology and operations and scaling the company to a leading position in the Brazilian payments ecosystem. In the fall of 2016, Pedro and Henrique sold Pagar.me and enrolled at Stanford University only to then leave and found Brex in 2017. The company has already raised approximately $940 million in equity financing from top-tier investors.

About Mateus Scherer Schwening

Mateus Scherer Schwening has been a partner at StoneCo Ltd. since 2015. At StoneCo, he has been responsible for Treasury, Capital Allocation, and Strategic Projects in connection with new investments, mergers, and acquisitions, capital raises, compensation, among others. Before joining the company, he served as an equity analyst for Nucleo Capital, from 2013 to 2015.

Mr. Scherer completed a Bachelor of Science (BS) in Economics at Insper.

About Stone

Stone is a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels and help them grow their businesses.

For more information: https://www.stone.co/

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Talent4Boards Team