Banco Santander Brasil (NYSE: BSBR) sets Gilson Finkelzstain as next CEO
Rhea-AI Filing Summary
Banco Santander (Brasil) S.A. reports that its Board of Directors has unanimously elected Gilson Finkelzstain as Chief Executive Officer for a complementary term, as part of the succession plan for current CEO Mario Roberto Opice Leão disclosed on March 19, 2026.
The appointment was recommended by the Nomination and Governance Committee and will only take effect after three conditions are met: authorization of the election by the Central Bank of Brazil, termination of Finkelzstain’s relationship with B3 S.A. – Brasil, Bolsa, Balcão, and the effective step down of the current CEO according to the previously announced schedule extending beyond the 2027 Ordinary Shareholders’ Meeting.
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Insights
Planned CEO succession with clear regulatory and timing conditions.
Banco Santander (Brasil) confirms a structured CEO transition, electing Gilson Finkelzstain following a previously disclosed succession plan. The move was unanimously approved by the Board and recommended by the Nomination and Governance Committee, signaling an organized governance process rather than an abrupt leadership change.
The effectiveness of this appointment depends on three specific conditions: regulatory authorization from the Central Bank of Brazil, ending Finkelzstain’s ties with B3 S.A. – Brasil, Bolsa, Balcão, and the scheduled step down of current CEO Mario Roberto Opice Leão. These conditions anchor the transition in regulatory compliance and conflict-of-interest safeguards.
The reference to the first Board meeting after the 2027 Ordinary Shareholders’ Meeting provides a broad timing framework for when the new CEO’s term structure is expected to align. Future company communications and filings can clarify the exact effective date once all conditions are satisfied.
Key Figures
Key Terms
succession plan financial
Nomination and Governance Committee financial
Resolution CMN 4.970/2021 regulatory
Central Bank of Brazil regulatory
SECURITIES AND EXCHANGE COMMISSION
Commission File Number: 001-34476
Bloco A – Vila Olimpia
São Paulo, SP 04543-011
Federative Republic of Brazil
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
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Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
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If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
BANCO SANTANDER (BRASIL) S.A.
Publicly-Held Company with Authorized Capital
Corporate Taxpayer´s Registry No. 90.400.888/0001-42
Company Registry No. 35.300.332.067
Minutes of the Board of Directors' Meeting
held on May 08, 2026
DATE, TIME AND PLACE: On 05.08.2026, at 5 p.m., by videoconference, the Board of Directors of Banco Santander (Brasil) S.A. ("Company" or "Santander") have met, with the attendance of all its members.
CALL NOTICE AND ATTENDANCE: The call was waived in view of the attendance of all members of the Board of Directors.
MEETING BOARD: Deborah Stern Vieitas, Chair of the Board. Bruno Carneiro, Secretary of the Board.
AGENDA: following up on the communication of the succession plan of Mr. Mario Roberto Opice Leão, current Chief Executive Officer of the Company, carried out by means of a Material Fact disclosed to the market on March 19, 2026, to resolve on the election of Mr. Gilson Finkelzstain to the position of Chief Executive Officer of the Company.
RESOLUTIONS: After the necessary clarifications, the members of the Board of Directors, unanimously, approved the election, for a complementary term of office, entering in force until the investiture of the elected people at the first Board of Directors’ Meeting being held after the 2027 Ordinary Shareholders’ Meeting, the following person, as a Chief Executive Officer, of Mr. Gilson Finkelzstain, Brazilian, married, engineer, bearer of identity card RG No. 7.055.797-0, registered with the CPF/MF under No. 012.032.457-18, with office at Avenida Presidente Juscelino Kubitschek, 2041 – CJ 281, Bloco A, Cond. W Torre JK, Vila Nova Conceição, CEP 04543-011, São Paulo/SP.
It remains recorded in the minute that:
(i) the election approved above was recommended by the Company´s Nomination and Governance Committee;
(ii) that the elected member declare that he is not forbidden by law to perform the activities proper to their office and fulfill all the conditions set forth in Resolution CMN 4.970/2021, presenting the respective representations and authorizations required by the mentioned Resolution; and
(iii) that the investiture of the elected member will be conditioned cumulatively to the verification of the following events: (a) authorization of his election by the Central Bank of Brazil; (b) termination of its relationship with B3 S.A. – Brasil, Bolsa, Balcão; and (c) effective step down of the Company's current Chief Executive Officer, Mr. Mario Roberto Opice Leão, according to the succession schedule disclosed to the market through the Material Fact on March 19, 2026.
ADJOURNMENT: There being no further matters to be resolved, the Meeting was finalized, and these minutes have been prepared and send to be electronically signed by the attendees. Board: Deborah Stern Vieitas - Chair of the Board. Bruno Carneiro - Secretary of the Board. Board Members: Ms. Deborah Stern Vieitas – President; Mr. Javier Maldonado Trinchant – Vice-President; and Messrs. Antonio Carlos Quintella; Cristiana Almeida Pipponzi, Cristina San Jose Brosa, Deborah Patricia Wright, Ede Ilson Viani, Mario Roberto Opice Leão, Nitin Prabhu, Pedro Augusto de Melo and Vanessa de Souza Lobato Barbosa. São Paulo, May 8, 2026.
I certify that this is a true transcript of the minutes recorded in the Minutes of the Board of Directors Meetings Book of the Company.
Bruno Carneiro
Secretary
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Banco Santander (Brasil) S.A. | ||
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By: |
/S/ Reginaldo Antonio Ribeiro
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Reginaldo Antonio Ribeiro Officer without specific designation |
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By: |
/S/ Carlos Ignacio Muñiz Gonzalez Blanch
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Carlos Ignacio Muñiz Gonzalez Blanch Vice - President Executive Officer |
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