Embraer names new CFO

Embraer named Paulo Penido Pinto Marques CFO,  effective July 18, 2011.  He will take over the responsibilities of Cynthia Marcondes Ferreira Benedetto, who is leaving the Company to pursue personal endeavors. Paulo Penido has accumulated broad experience and market recognition with extensive involvement in both the financial system, with such organizations as Citibank, BankBoston, and J.P. Morgan, and in large Brazilian industries, like Usiminas, Cosipa, and CSN.