Varig named its director of investor relations since 2000 Manuel Guede to the seat of acting president replacing Arnim Lore.

Varig named its director of investor relations since 2000 Manuel Guede to the seat of acting president replacing Arnim Lore, who resigned in late Nov. Lore and the Varig board of directors resigned when the board of the Rubem Berta Foundation, which have the direction ofs Varig, rejected a restructuring agreement with about of the company's creditors "because it did not

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