Gerdau S.A. announced that, consequent to the resignation of director André Pires de Oliveira Dias, as of July 15, 2015, the board of directors, at a meeting, resolved to elect Harley Lorentz Scardoelli as the Investor Relations Director of the company. The transition process of the executives will happen until July 15, 2015. Harley Scardoelli joined Gerdau in May 1988, and has worked in the company's operations in Canada, United States, Spain and Brazil.

He currently serves as Corporate Director in charge of Treasury, Financial and Planning departments, and, as of July 15, will accumulate the Investor Relations, Accounting, Tax and Legal departments.