Vasta announces appointment of new CFO and investor relations officer

SÃO PAULO, Brazil, April 12, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (“Vasta” or the “Company”) (NASDAQ: VSTA) today announced the resignation for personal reasons of Clovis Poggetti Junior as its chief financial officer and investor relations officer and the appointment of Bruno Giardino to serve as the Company’s chief financial officer and investor relations officer. Mr. Clovis Poggetti Junior will continue in the Company until April 23, 2021, during which period he will transfer his activities to Bruno Giardino.

Mr. Giardino joins the Company after having served as the investor relations officer for the Company’s parent company, Cogna Educação S.A., since March 2020. Previously, Mr. Giardino had served for over ten years as a sell-side investment analyst for Banco Santander and Bank of America, specializing in the education and healthcare sectors, in addition to serving as a partner of the investment fund Miles Capital. He holds a bachelor’s degree in Chemical Engineering from the Escola Politécnica of the Universidade de São Paulo.

“We are grateful for the time Clovis has spent with us. His role in the transition from private to a public company has been very important and we wish him all the best,” said Mário Ghio Junior, chief executive officer of Vasta.

VASTA’S MISSION
Our mission is to help private K-12 schools to be better and more profitable, supporting their digital transformation.

ABOUT VASTA
Vasta is a leading, high-growth education company in Brazil powered by technology, providing end-to-end educational and digital solutions that cater to all needs of private schools operating in the K-12 educational segment, ultimately benefiting all of Vasta’s stakeholders, including students, parents, educators, administrators and private school owners. Vasta’s mission is to help private K-12 schools to be better and more profitable, supporting their digital transformation. Vasta believes it is uniquely positioned to help schools in Brazil undergo the process of digital transformation and bring their education skill-set to the 21st century. Vasta promotes the unified use of technology in K-12 education with enhanced data and actionable insight for educators, increased collaboration among support staff and improvements in production, efficiency and quality. For more information, please visit ir.vastaplatform.com.