Corporate Report Americanas (AMER3) - José Timotheo de Barros, director of Americanas (AMER3) who had been out of office since the beginning of February, has resigned. At an ordinary general meeting (AGM) held last Saturday, April 29, shareholders protested against the reference trio, made up of Jorge Paulo Lemann, Carlos Alberto Sicupira and Marcel Telles, according to the newspaper O Estado de S.Paulo. On that occasion, the judicial reorganization was ratified and approval was given for any measures that the administrators might adopt in order to save the retailer, the newspaper said. The overall remuneration of the administrators this year was authorized at up to R$40 million. Of this amount, R$35 million will go to seven directors and R$5 million to twelve management and fiscal directors. Of the total, R$28.4 million will be in salaries and pro-labore - R$25 million for the executive board and R$3.4 million for the board. Mauro Muratório Not was not re-elected to a seat on the board of directors, while Pierre Moreau, nominated by a minority shareholder, ascended to the collegiate body. Shareholders rejected the idea of changing the number of board members and approved the names of Raphael Manhães Martins and Elias de Matos Brito, who were added to the supervisory board.