WASHINGTON—Paulo Cesar de Souza e Silva will step down as chief executive of Embraer Apr. 22, and an unidentified, external successor will be named on or before then, the Brazilian aerospace and defense company announced late Mar. 18. The CEO was “invited” to remain a senior adviser to the board to help with the transition to his successor, as well as to advise as parts of Embraer are moved to joint ventures (JVs) with Boeing. Further details were not immediately ...

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