Nuvini promotes Gustavo Usero to chief operating officer

Published 22/08/2025, 13:06
Nuvini promotes Gustavo Usero to chief operating officer

SÃO PAULO/NEW YORK - Nuvini Group Limited (NASDAQ:NVNI), a technology conglomerate focused on the Latin American SaaS sector, announced today the promotion of Gustavo Usero to Chief Operating Officer, effective September 1, 2025. The company, which generated revenue of $31.25 million in the last twelve months with impressive gross profit margins of 63.39%, has shown strong momentum with positive returns in recent months.

Usero currently serves as Group Operating Director at Nuvini, where he oversees operational excellence, financial performance, and strategic execution across the company’s portfolio. In his current role, he has focused on strengthening budgeting discipline, improving EBITDA margins (currently at $7.18 million), and implementing performance management frameworks. According to InvestingPro, the company faces some financial challenges, with 13 additional key insights available to subscribers.

In his new position as COO, Usero will continue these efforts while leading the expansion of operations across Latin America, according to the company’s press release.

"Gustavo has played a pivotal role in shaping our operational strategy, elevating performance across the group, and embedding AI at the core of our business," said Pierre Schurrman, CEO of Nuvini.

Usero responded to his promotion by stating, "I’m honored to take on the COO role and continue working alongside Pierre and the entire Nuvini team. We’ve made great progress strengthening our operations and laying the groundwork for scalable growth."

Headquartered in São Paulo, Brazil, Nuvini describes itself as Latin America’s private serial acquirer of business-to-business SaaS companies. The company focuses on acquiring SaaS businesses with recurring revenue and cash flow generation.

The announcement comes as Nuvini positions itself for further expansion across the Latin American market. InvestingPro analysis suggests the stock is currently undervalued, with revenue growth of 14.38% in the last twelve months, making it an interesting watch for investors focused on the Latin American technology sector.

In other recent news, Nuvini Group Limited has introduced a new executive compensation program that ties leadership rewards to growth metrics like Return on Invested Capital and Net Revenue Organic Growth. This program aims to align executive performance with long-term objectives, allocating about 5% of net revenue for executive bonuses when near-target performance is achieved. Additionally, Nuvini announced the launch of NuviniAI Lab, an initiative designed to enhance efficiency across its portfolio companies by accelerating the adoption of artificial intelligence. The lab will focus on implementing AI solutions in various business areas, including sales, marketing, and customer service. In regulatory developments, Nuvini Group Ltd filed a Form 6-K with the U.S. Securities and Exchange Commission, which includes a letter to shareholders. This filing confirms that the company will continue to submit annual reports under Form 20-F, a standard requirement for foreign private issuers. These recent developments highlight Nuvini’s strategic focus on growth and technological advancement.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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