Grupo Globo to create new holding company in 2026 - Valor International

Grupo Globo announced Tuesday (26) plans to establish a new holding company, scheduled to begin operations in early 2026. The move aims to support the expansion of the media conglomerate.

The holding will advise shareholders and the board of directors on a unified, strategic approach to managing the group’s portfolio and diversifying its businesses. It will focus on maximizing portfolio value and allocating resources efficiently. Individual companies within the group will remain autonomous, maintaining operational independence.

Luis Henrique Guimarães, an experienced executive, was invited to lead the holding company’s implementation project. This project involves Globo Group leaders.

Mr. Guimarães spent more than two decades at Shell, overseeing operations in Brazil and abroad. He helped create Raízen, a joint venture between Shell and Cosan, later serving as CEO of Comgás and Raízen. In 2020, he became CEO of Cosan S.A. and currently sits on the boards of several major Brazilian companies.

This article was translated from Valor Econômico using an artificial intelligence tool under the supervision of the Valor International editorial team to ensure accuracy, clarity, and adherence to our editorial standards. Read our Editorial Principles.