Oi director Marcos Grodetzky resigns; no alternate member available

By Caroline Salls

Pittsburgh, Sept. 21 – Oi SA board member Marcos Grodetzky submitted a letter of resignation, according to a 6-K filed Wednesday with the Securities and Exchange Commission.

Because there is no alternate member, the company said the position will remain vacant until further deliberation by the board of directors.

Oi, based in Rio de Janeiro, is a telecommunications service provider. The company filed for bankruptcy on June 21 in the U.S. Bankruptcy Court for the Southern District of New York under Chapter 15 case number 16-11791.

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