Joel Rennó has left his position as CFO of OLX Brazil, according to a LinkedIn post. OLX Brazil is a 50/50 joint venture between Adevinta and Prosus.

“After five incredible years I’ve decided to leave OLX Brasil in order to take some relaxation time for myself and look up for what’s next,” the executive wrote.

“Growing and driving the business forward together with my partners and my investors (Prosus and Adevinta) was super fun and I’ll probably keep the best and toughest memories forever with me.”

Rennó (LinkedIn profile) spent nine years at the company. He has a degree in Law, a Master of Business Administration (MBA) in finance.

“What a ride: from a tiny startup with scrappy offices in Rio and a still unproven business model in Brazil all the way to becoming one of Brazil’s fastest-growing and profitable unicorns en route to BRL 1 billion ($186 million US) in topline sales after the successful blockbuster acquisition of Grupo Zap back in October last year,” he wrote.

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