Marcelo Odebrecht
| Marcelo Odebrecht | |
|---|---|
Odebrecht in 2009
|
|
| Born |
Marcelo Bahia Odebrecht 18 October 1968 Salvador, Brazil |
| Nationality | Brazilian |
| Alma mater | Universidade Federal da Bahia |
| Occupation | Businessman |
| Known for | 19-year prison sentence for corruption |
| Title | Former chairman and CEO, Odebrecht |
| Term | 2008–2015 |
| Successor | Newton de Souza |
| Parent(s) | Emílio Odebrecht and Regina Odebrecht |
| Relatives | Norberto Odebrecht (grandfather) |
Marcelo Bahia Odebrecht (Brazilian Portuguese: [maʁˈsɛlw baˈjɐ odɛˈbɾɛ(t͡)ʃ]; born 18 October 1968) is a Brazilian businessman, the former CEO of Odebrecht, a diversified Brazilian conglomerate, which is Latin America's largest construction company. In March 2016, he was sentenced to 19 years in prison for paying more than $30 million in bribes.
He was born in October 1968, the son of Emílio Odebrecht and Regina Bahia, and the grandson of Norberto Odebrecht, the company's founder. They trace their descent from a family of German immigrants to Brazil in the 1850s.
Odebrecht received a bachelor's degree in civil engineering from Universidade Federal da Bahia (UFBA).
He joined Odebrecht in 1992, and was appointed CEO in 2008.
He became vice president of the Brazilian Association of Infra-Structure and Primary Industry (ABDIB) in 2005, and vice president of COINFRA, FIESP in 2004. He is chairman of Odebrecht Óleo E Gás, Odebrecht Realizações Imobiliárias, Foz Do Brasil and Eth Bioenergia S.A. He is chairman of Braskem S.A. He serves is a director of the Exterior Commerce Chamber CONEX since 2005, a member of the strategic superior board of Federação das Indústrias do Estado de São Paulo (FIESP) since 2008 and a director of the Industry Development Study Institute, IEDI since 2003.
On 19 June 2015, he was arrested as part of a major investigation, Operation Car Wash (Portuguese: Operação Lava Jato), into corruption at the state-owned oil company Petrobras.Otávio Azevedo, CEO of Andrade Gutierrez, Brazil's second largest construction firm, was also arrested, along with a total of ten others, including senior Odebrecht executives. On 8 March 2016, he was sentenced to 19 years in prison, after being convicted of paying more than $30 million in bribes.
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