Leadership
PDG Realty Board Elects Pedro Henrique Ribeiro Novaes as Chairman, Names Vice Chairman
By News Desk ·
Key takeaways
- PDG Realty's board unanimously elected Pedro Henrique Ribeiro Novaes as chairman on October 19, 2026.
- João de Saint Brisson Paes de Carvalho was named vice chairman with the same term.
- Both terms run until the annual shareholders' meeting for the fiscal year ending December 31, 2027.
- Revised board rules took effect immediately, aligning with bylaws adopted October 14, 2026.
PDG Realty's board unanimously elected Pedro Henrique Ribeiro Novaes as chairman and João de Saint Brisson Paes de Carvalho as vice chairman at a meeting on October 19, 2026. The future of trading reported the election. Both terms run until the annual shareholders' meeting reviewing accounts for the fiscal year ending December 31, 2027.
PDG Realty's October 19 Board Meeting
The board met on October 19, 2026, and elected its leadership unanimously, according to The future of trading. Pedro Henrique Ribeiro Novaes took the chairman role, and João de Saint Brisson Paes de Carvalho was named vice chairman.
Revised board rules took effect immediately, aligning with bylaws adopted October 14, 2026, and updating regulatory references. The board meeting and the revised rules were announced on October 23, 2026.
PDG's Restructuring and Scale
PDG Realty, which trades as PDGR3 on B3 and operates under the ix. Incorporadora brand, sells residential, commercial and land subdivision properties across 13 states and the Federal District, according to akta.pro company records. The company concluded a judicial recovery in October 2021, restructuring R$5.3 billion in debt to over 22,000 creditors across 512 affiliated companies, the same records show. PDG filed for judicial recovery in February 2017 covering 512 entities of the PDG Group after failing to find a sustainable solution outside court during Brazil's 2015-2017 economic crisis. In 2016 the company rebranded to 'ix.' / ix. Incorporadora as part of a post-restructuring transformation. Since 2013, PDG has delivered over 67,000 units across 279 developments, and it had 19 projects in progress as of 2019 data. The company was founded in 2003 and is headquartered in Piracicaba, Brazil.
PDG's Next Steps
PDG Realty published the original content on October 23, 2026, according to The future of trading. The revised board rules took effect immediately upon the October 19, 2026 meeting, aligning with bylaws adopted October 14, 2026.