Overview

• Rondon’s nomination received Casa Civil clearance and was sent to the Correios People, Eligibility, Succession and Remuneration Committee, with a formal appointment expected this week.
• He is set to replace Fabiano Silva dos Santos, who submitted his resignation to Lula on July 4 and has remained in a transitional limbo since then.
• The choice follows a partisan tussle between PT and União Brasil over control of the company, whose six directorates are split evenly between the parties.
• Correios reported a R$2.64 billion loss in the second quarter and a R$4.37 billion loss in the first half of 2025, with gross sales and services revenue down 11.3% to R$8.52 billion in the semester.
• International-post revenue fell 61.3% in the first half to R$815.2 million after regulatory changes on low-value imports, and the incoming leadership is expected to pursue staff reductions and branch closures aligned with the Casa Civil.