Embraer names commercial aviation chief as new CEO

Embraer will replace its chief executive with the current head of its commercial aviation division next month.

Paulo Cesar Silva will take the reins after nearly two decades at the company, including six years in charge of its core airliner business that saw the development of the next-generation E-Jet family.

Frederico Curado, who has run the company for more than nine years, will give up his executive role in July and contribute to a transition through the end of 2016.

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