Embraer chairman Mauricio Botelho has resigned and vice chairman Hermann Wever has been appointed the position on an interim basis. Embraer said in a statement that Botelho had stepped down "for personal reasons." Botelho was the Brazilian manufacture’s president and CEO from 1995 to 2007 and became chairman in 2006. He led the company’s restructuring after its privatization and built and established a successful family of regional jets that made Embraer the ...

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