SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934

For the month of November, 2017

Commission File Number 1-34129



CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
(Exact name of registrant as specified in its charter)



BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)



Avenida Presidente Vargas, 409 - 13th floor,
Edifício Herm. Stoltz - Centro, CEP 20071-003,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes _______ No___X____


 

  

 

 

MARKET ANNOUNCEMENT

 

CENTRAIS ELETRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26

PUBLIC COMPANY

 

 

 Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) hereby informs its shareholders and the market in general that in addition to the Market Announcement released on October 11, 2017, Eletrobras’ Executive Board approved, on November 27, 2017, the appointment of Mr. Antônio Varejão de Godoy, to temporarily take office of the Generation Board, in accordance with the provisions of the third paragraph of article 33 of Eletrobras' Bylaws.

 

We hereby inform that, according to Law 13,303/16 ("State Companies Act"), regulated by Decree 8,945/16, the appointment was previously approved by the Internal Transitory Eligibility Committee ("CITE"), responsible for verifying compliance with the requirements of eligibility listed in article 17 of the State Companies Act and articles 28 to 30 of Decree 8,945/16.

 

Mr. Antônio Varejão de Godoy, is graduated in Electrical Engineering at Federal University of Pernambuco (UFPE), with Master's Degree in Electrical Engineering from the State University of Campinas - Unicamp and MBA in Business Finance from Fundação Getúlio Vargas. He is a career employee of Eletrobras’ subsidiary Companhia Hidro Elétrica do São Francisco ("Chesf") and, since 1986, has held various positions at Chesf, including Chief Executive Officer, Chief Engineering and Construction Officer and member of the Board of Directors.

 

 

Rio de Janeiro, November 28, 2017.

 

 

Armando Casado de Araujo

CFO and Investor Relations Officer

 

 

 

                                                                                                                                                      

                                                                                                                                                                                      

                                                                                               

 

 

SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 28, 2017
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
By:
/SArmando Casado de Araujo
 
Armando Casado de Araujo
Chief Financial and Investor Relation Officer
 
 

 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.