---
title: "CBD dissolves Management Committee, shifts duties to new Technology and Innovation Committee"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294550401.md"
description: "On July 24, 2026, CBD's board dissolved its Management Committee and established a new Technology and Innovation Committee to assume related duties. Five members were elected to the new committee. Additionally, the Finance Committee was renamed the Strategic Finance Committee with expanded responsibilities in strategy and human resources, while the Legal Committee charter was updated."
datetime: "2026-07-31T20:04:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294550401.md)
  - [en](https://longbridge.com/en/news/294550401.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294550401.md)
generator: "portal-rs"
---

# CBD dissolves Management Committee, shifts duties to new Technology and Innovation Committee

-   CBD’s board on July 24, 2026 overhauled its advisory committee structure, dissolving the Management Committee. \* Created a Technology and Innovation Committee to absorb some former Management Committee duties, adopting internal regulations for the new body. \* Elected five members to the Technology and Innovation Committee, including two external members, for terms aligned with the board’s mandate. \* Renamed the Finance Committee as the Strategic Finance Committee, expanding its remit to strategic matters and human resources; updated the Legal Committee charter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CBD - Companhia Brasileira de Distribuição published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**