Fertilizantes Heringer names interim CEO. Fertilizantes Heringer stock marks fifth change

Published on 10/21/2026 at 02:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Daniil Bazdyrev resigned on October 13, 2026, and the finance chief took over. Fertilizantes Heringer stock has had five CEO changes.

Leadership and financial pressure

Daniil Bazdyrev resigned on October 13, 2026, while Fernando Yagura Maeda assumed interim executive leadership.
Second-quarter 2026 net revenue fell 55.00 percent to BRL 316.5 million.
Fertilizer Heringer reported a BRL 37.2 million shareholder loss in the second quarter of 2026.

Fertilizantes Heringer, BRFHERACNOR5, Illustration mit AI erstellt.

Fertilizantes Heringer (ISIN BRFHERACNOR5) put its finance chief in charge after CEO Daniil Bazdyrev resigned on October 13, 2026. According to CNN Brasil, Fernando Yagura Maeda will accumulate the executive presidency, while Georgii Grachev became vice president of the board.

Why management matters

The change is more than a routine succession. Globo Rural reported on October 14, 2026, that the resignation represented the fifth change at the top in little over a year. The board elected Grachev to replace Bazdyrev, with the mandate running to the ordinary general meeting planned for 2028.

Second-quarter figures show strain

The latest reported operating figures add pressure to the leadership transition. In the second quarter of 2026, net revenue fell 55.00 percent from BRL 700.8 million to BRL 316.5 million, while shareholder net loss reached BRL 37.2 million, compared with a BRL 28.9 million loss in the second quarter of 2025, according to Valor.

The six-month reporting picture is also weak. For the twelve months through June 30, 2026, net revenue stood at BRL 3.33 billion and shareholder net loss at BRL 199.38 million, figures that keep the turnaround question central for the interim leadership team.

What comes next for the company

Fertilizers Heringer operates in Brazil's fertilizer industry and trades on B3 under ticker FHER3, according to TradingView. For investors, the immediate signal is governance continuity: Maeda must combine finance and executive duties while the company works through falling revenue and recurring losses.

The leadership change dated October 13, 2026, therefore arrives alongside a measurable operating contraction rather than an isolated personnel update.