Carlos Ermírio de Moraes, Chairman of the Board of Votorantim Participações (VPAR) has died.

The son of Mr. Antônio Ermírio de Moraes e Mrs. Maria Regina Moraes, Carlos Ermírio was Chairman of the Board of Votorantim Participações (VPAR) since 2001.

With over 30 years of service to the Votorantim group, he also played an active role in Votorantim Cimentos, CBA, Votorantim Metais and Votorantim Energia, the group said in a statement.