Companhia Energética de Minas Gerais - CEMIG

BOVESPA:CMIG3 Stock Report

Market Cap: R$36.2b

Companhia Energética de Minas Gerais - CEMIG Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Reynaldo Filho

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure4.9yrs
CEO ownershipn/a
Management average tenure3.3yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

CEO

Reynaldo Filho (59 yo)

4.9yrs

Tenure

Mr. Reynaldo Passanezi Filho is President of the Board of Companhia de Gás de Minas Gerais - GASMIG. Mr. Filho serves as Chairman of the Board at Transmissora Aliança de Energia Elétrica S.A since May 2020...

Leadership Team

NamePositionTenureCompensationOwnership
Reynaldo Filho
CEO, President & Member of Executive Board4.9yrsno datano data
Leonardo de Magalhães
Chief Officer for Finance & Investor Relations and Member of Executive Board4.8yrsno datano data
Dimas Costa
Chief Trading Officer & Member of Executive Board8.3yrsno datano data
Marney Antunes
Chief Distribution Officer & Member of Executive Board3.9yrsno datano data
Marco Da Camino Ancona Soligo
Exec. Dir-CemigPar and Cemig Generation and Transmission2.6yrsno datano data
Cristiana Maria Fortini Pinto Silva
VP of Legal Affairs1.9yrsno datano data
Leonardo Mesquita
Accounting Managerno datano datano data
Paulo Eduardo Guimarães
Head of Corporate Financeno datano datano data
Daniel Lanca
Deputy Director of Compliance1.5yrsno datano data
Cristiana Miglio Pereira
Deputy Director of Corporate Communication & Sustainability1.5yrsno datano data
Antônio Carlos Braga
General Manager of Investor Relationsno datano datano data
Ronalde Moreira
Tariffs Managerno datano datano data

3.3yrs

Average Tenure

60.5yo

Average Age

Experienced Management: CMIG3's management team is considered experienced (3.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Aloisio Macario de Souza
Director2.3yrsno datano data
Marcio Simoes Utsch
Chairman of the Board5.8yrsno datano data
Jose Joao Filho
Director4.4yrsno datano data
Carlos de Albuquerque Sá
Chair of Fiscal Councilless than a yearno datano data
Marcus Silberman
Director2.8yrsno datano data
Jose Magalhaes
Director5.8yrsno datano data
Afonso Henriques Santos
Director4.4yrsno datano data
Ricardo Gaertner
Director2.7yrsno datano data
Roger Versieux
Director2.7yrsno datano data
Anderson Rodrigues
Employee Representative Director2.7yrsno datano data
Ricardo Lopes Cardoso
Member of Audit Committeeless than a yearno datano data
Giulia Carla Scalercio
Member of Audit Committeeless than a yearno datano data

2.7yrs

Average Tenure

64yo

Average Age

Experienced Board: CMIG3's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 23:04
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Companhia Energética de Minas Gerais - CEMIG is covered by 28 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alexandre Ulm de FreitasAgora Senior
Felipe MattarBarclays
Arthur PereiraBofA Global Research