April 17, 2018 / 11:53 AM / a year ago

UPDATE 1-Controlling shareholder in Magazine Luiza to run for BRF´s board

(Updates sourcing directly to board election documents rather than via newspaper report)

SAO PAULO, April 17 (Reuters) - Luiza Helena Trajano, controlling shareholder in Brazilian appliance retailer Magazine Luiza SA, is one of the candidates to join poultry exporter BRF SA´s board, according to documents related to the board election.

Trajano’s name was suggested by Luiz Fernando Furlan, a board member and former minister who belongs to one of the BRF’s founding families, according to a BRF filing.

Shareholders such as Aberdeen Asset Management Plc are pushing for a board shake-up. The election of board members through cumulative voting is expected April 26. (Reporting by Tatiana Bautzer; Editing by Bernadette Baum)

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