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AXIA Energia (AXIA) adds Executive VP role in CEO succession plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

AXIA Energia S.A. announced the start of a structured CEO succession process approved by its Board of Directors. The plan is built around the scheduled end of current CEO Ivan de Souza Monteiro’s term on April 30, 2027, and follows the company’s bylaws.

From June 1, 2026, AXIA will create a temporary Executive Vice Presidency, reporting to the CEO and led by Élio Wolff, currently Vice President of Strategy and Business Development. Several operational and commercial vice presidencies will report to this new role during the transition, while Governance and Sustainability, Finance and Investor Relations, and Legal will continue reporting directly to the CEO.

The Strategy and Business Development vice presidency will be dissolved on June 1, 2026, with its responsibilities split between Finance and Investor Relations and Learning, People and Services. All vice presidencies are scheduled to revert to reporting directly to the CEO on May 1, 2027, completing the transition. AXIA frames this process as reinforcing long-term strategy, governance, disciplined capital allocation and reliable operations, supported by a specialized consulting firm.

Positive

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CEO term end date April 30, 2027 Scheduled end of current CEO Ivan de Souza Monteiro’s term
Executive VP start June 1, 2026 Effective date for creation of temporary Executive Vice Presidency
Transition end date May 1, 2027 Date when all vice presidencies revert to reporting to CEO
Executive VP duration Until April 2027 Temporary period for the new Executive Vice Presidency role
succession process financial
"approved the beginning of the Company’s succession process."
Executive Vice Presidency financial
"Creation of an Executive Vice Presidency, on a temporary basis until April 2027"
corporate governance financial
"reaffirms the Company’s commitment to maintaining its long-term strategy, strengthening its corporate governance"
Corporate governance is the system of rules, roles and oversight that determines how a company is directed and controlled, including the responsibilities of its board, executives and shareholders. Like the steering wheel and map for a car trip, it shapes decisions, sets checks on power and defines who can hold leaders accountable; strong governance reduces risk, builds trust and helps investors judge whether a company is likely to protect capital and deliver reliable returns.
leadership pipeline financial
"this process enhances succession readiness, strengthens the leadership pipeline"
forward-looking statements regulatory
"This document may contain estimates and projections ... and may constitute forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of May, 2026

 

Commission File Number 1-34129

 


 

AXIA Energia S.A.

(Exact name of registrant as specified in its charter)




AXIA Energia S.A.

(Translation of Registrant's name into English)




Avenida Graça Aranha, 26
Centro, CEP 20030-900
Rio de Janeiro, RJ, Brazil

(Address of principal executive office)



Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____

 
 

 Beginning of the Succession Process Rio de Janeiro, May 6, 2026 - AXIA Energia S.A. (“Company” or “AXIA Energia”) hereby announces that its Board of Directors, in a meeting held today, approved the beginning of the Company’s succession process. This process involves a structured set of initiatives and the evolution of its organizational model, considering the end of the term the current CEO, Ivan de Souza Monteiro, on April 30, 2027, as well as the provisions set forth in Article 42, Paragraph 3 of AXIA Energia’s Bylaws. In this context, the Board of Directors has approved the following additional measures, effective as of June 1, 2026: 1. Creation of an Executive Vice Presidency, on a temporary basis until April 2027, reporting directly to the Company’s CEO, Ivan de Souza Monteiro. This position will be held by Élio Wolff, currently Vice President of Strategy and Business Development; 2. The Vice Presidencies of Engineering and Projects; Commercialization and Energy Solutions; Technology and Innovation; Operations and Safety; Learning, People and Services; and Regulation, Institutional and Market will report, during the transition period, to the new Executive Vice Presidency; 3. The Vice Presidencies of Governance and Sustainability; Finance and Investor Relations; and Legal will continue to report directly to the Chief Executive Officer; 4. All Vice Presidencies will revert to directly reporting to the CEO on May 1, 2027, marking the end of the transition period; and 5. The Vice Presidency of Strategy and Business Development will be dissolved as of June 1, 2026, and its current responsibilities will be allocated between the Vice Presidencies of Finance and Investor Relations and Learning, People and Services. The beginning of AXIA Energia’s succession process reaffirms the Company’s commitment to maintaining its long-term strategy, strengthening its corporate governance, preserving discipline in capital allocation, and ensuring consistent and reliable operations of its assets. The initiatives approved by the Board of Directors are part of a structured succession and leadership development process, conducted with the support of specialized consulting firm. In addition to ensuring an organized, predictable, and responsible transition, this process enhances succession readiness, strengthens the leadership pipeline, and preserves the Company’s critical capabilities. The Board of Directors will closely and continuously monitor the implementation of the approved initiatives. The Company will keep the market informed of any relevant developments, in accordance with applicable regulations. Eduardo Haiama Vice President of Finance and Investor Relations

 

 

 

 

 

 
 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 6, 2026

AXIA Energia S.A.
     
By:

/SEduardo Haiama


 
 

Eduardo Haiama

Vice-President of Finance and Investor Relations

 

 

 

FORWARD-LOOKING STATEMENTS

 

This document may contain estimates and projections that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words “believes”, “may”, “can”, “estimates”, “continues”, “anticipates”, “intends”, “expects”, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditions in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricity usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables; changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans; existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM and SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of these estimates or projections due to new information or future events. Future results of the Company’s operations and initiatives may differ from current expectations, and investors should not rely solely on the information contained herein. This material contains calculations that may not reflect precise results due to rounding.


FAQ

What did AXIA (AXIA) announce in its May 2026 Form 6-K?

AXIA announced the start of a structured CEO succession process. The Board approved a transition plan tied to the current CEO’s term ending in April 2027, including interim reporting changes and a temporary Executive Vice Presidency to support leadership continuity and governance.

When does AXIA Energia’s current CEO term end and how is succession structured?

The current CEO’s term ends on April 30, 2027. AXIA is implementing a multi‑year succession process, with a temporary Executive Vice Presidency from June 1, 2026 through April 2027 and adjusted reporting lines to prepare leadership and ensure an orderly transition.

What new Executive Vice Presidency did AXIA Energia (AXIA) create?

AXIA created a temporary Executive Vice Presidency effective June 1, 2026. It reports directly to the CEO and will be led by Élio Wolff, consolidating several operational and commercial vice presidencies under one leadership role during the succession transition period through April 2027.

How will AXIA Energia’s vice presidencies report during the transition period?

From June 1, 2026, several operational and commercial vice presidencies will report to the new Executive Vice Presidency. Governance and Sustainability, Finance and Investor Relations, and Legal will continue reporting to the CEO, with all vice presidencies returning to direct CEO reporting on May 1, 2027.

What happens to AXIA Energia’s Strategy and Business Development vice presidency?

The Strategy and Business Development vice presidency will be dissolved on June 1, 2026. Its responsibilities will be divided between the Finance and Investor Relations vice presidency and the Learning, People and Services vice presidency, aligning strategic roles with financial and human capital functions.

How does AXIA (AXIA) describe the goals of its CEO succession process?

AXIA describes its succession process as reinforcing long‑term strategy and corporate governance. It aims to preserve disciplined capital allocation, ensure reliable operations of its assets, enhance succession readiness, strengthen the leadership pipeline, and protect critical capabilities, supported by a specialized consulting firm.