Vitru Limited announced the beginning of the transition away from its co-CEO structure involving William Matos and Pedro Graça. In August 2021, Vitru announced the business combination with Cesumar – Centro de Ensino Superior de Maringá Ltda, or “UniCesumar”, and the beginning of an integration period in which William Matos would hold the position of co-CEO of Vitru, alongside Pedro Graça, upon completion of the business combination, which took place in May 2022. The planned co-CEO structure accelerated the integration of the brands and now allows to move into a new phase: Pedro Graça will leave his executive role in the Vitru group within the next six months and will have a seat on the Board of Directors. William Matos will take over as the sole CEO of the Company.