Movile Group appoints Patrick Hruby as new CEO

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After five months as Executive in Residence at Movile, Hruby assumes the top position. Fabricio Bloisi becomes President of the Board.

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New CEO Patrick Hruby takes the helm of Movile Group, one of Brazil's 12 unicorns.

Hruby intends to reinforce Movile's dream of impacting the lives of one billion people through its mobile apps.

Movile Group, an ecosystem of leading technology companies in Latin America, today announces Patrick Hruby will be appointed as the company’s new Chief Executive Officer, effective immediately. At the same time, Fabricio Bloisi, co-founder and CEO since 1998 will become Board President and work closely with Hruby and the senior management team, while continuing in his role as CEO of iFood. Hruby is assuming the top leadership position after spending five months as an Executive in Residence at the company during which he worked closely on operations with all Movile companies: iFood, MovilePay, PlayKids, Sympla, Wavy and Zoop.

Movile has a proven track record for attracting and developing top talent over its 20+ year history, which has been the foundation for the company’s continuous growth, year over year. To continue on a consistent path of growth under Hruby’s leadership, he will tap the deep experience he’s gained during his impressive career. Hruby has more than 14 years of leadership experience in roles at Silicon Valley companies including seven years at Google and, most recently, seven years at Facebook - where he held the position of vice president of sales for small and medium-sized companies in Latin America.

Hruby intends to reinforce Movile's dream of impacting the lives of one billion people through its mobile apps.

“My focus and attention will be on three major objectives: to grow Movile Group's current businesses; identify new segments and companies to expand our ecosystem; and have a leadership role in creating better organizations and a more just society in the markets we serve, said Patrick Hruby, newly appointed CEO of Movile Group.

“Movile will continue to invest in building Brazil’s tech and innovation ecosystem, which will be the foundation for advancing in Latin America and future global expansion,” Hruby said. “As leaders in Brazil, we will continue to work hand-in-hand with the government and society-at-large on issues that will guide our country's path. Employee diversity and inclusion, the future of work, sustainability, artificial intelligence and supporting the gig economy will all be fundamental themes in Movile's daily operations as an organization.”

In a time of uncertainty caused by the coronavirus pandemic, Hruby’s initial priorities will be protecting the well-being of Movile Group employees and partners, business continuity planning, and minimizing the impact on Movile's ecosystem worldwide.

Hruby continued, "Given the unprecedented time we are currently experiencing, my initial priorities will be protecting the well-being of Movile Group employees and partners, business continuity planning, and minimizing the impact on Movile's ecosystem worldwide.”

Fabricio Bloisi, co-founder and Board President, Movile Group, and CEO of iFood, commented: "Given Patrick’s experience helping to build key businesses within Latin America for several global tech giants, I expect he will enable Movile to strengthen the performance of its ecosystem of tech companies. Patrick’s time with us as an Executive in Residence has demonstrated his capacity as a strong leader who can guide the company towards a future of growth, keeping our operations healthy, and expanding our revenue base.”

Patrick Hruby has more than 20 years of experience at companies like Deloitte and ExxonMobil, in addition to his recent tenure in leadership roles at Facebook and Google in Latin America. He graduated from the Pontifical Catholic University of Rio de Janeiro, and earned an MBA in Finance from Yale University.

Editorial Notes:
1) For more about The Movile Way and the Group's "hands-on style of VC investing," see this ZDNet article (03/23/20).
2) Movile Co-founder Eduardo Henriques' Op-Ed on "Lessons on Downturns from Brazilian Entrepreneurs" (03/16/20)

About Movile Group
The Movile Group is an ecosystem of leading technology companies in Latin America and beyond. The group has a big dream to make the lives of one billion people better through its applications. With global operations, the company already has more than 4,000 employees at its six companies at iFood, MovilePay, PlayKids, Sympla, Wavy and Zoop. In 2019, the Movile Group created the 1Bi Foundation, with the objective of promoting technology projects for social impact. In addition, the technology company collective is the most desired place to work by Brazilian professionals based on a Top Companies ranking compiled by Linkedin in Brazil.

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Media Contacts

Brazil:
Olivia Nercessian
+55 11 95433-0000
olivia.nercessian@movile.com

United States:
Chris Knight
415) 786-9226 c.
chris@divinogroup.net

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