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Mr. Belmiro de Azevedo has passed away

Mr. Belmiro de Azevedo has passed away

2017-11-29

Sonae announces that Mr. Belmiro de Azevedo has passed away today, November 29th, aged 79.

Belmiro de Azevedo was Sonae’s leader for 50 years, period during which he transformed the company into one of the most important and respected economic groups in Portugal.

His unique entrepreneurial spirit made him create and expand business activities, manage with rigour and creativity, internationalise, invest in the opening of the capital market, give significance to sustainability in businesses, focus on education and create a unique leadership style that turned Sonae into a recognised school of managers in Portugal.

Sonae’s employees commiserate with the family’s grief and pay their respects to the Man who dedicated his life to creating a distinctive historic legacy in the Portuguese corporate landscape, assuming the commitment to do everything in their power to perpetuate it, while contributing to Sonae’s mission of taking the benefits of progress and innovation to an ever-increasing number of people, as Mr. Belmiro de Azevedo always taught us.

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