Board of Directors
The Board of Directors is responsible for the appropriate organization, administration and supervision of the company’s operations. The Board approves the company’s strategic objectives and the principles for risk management and ensures that the company’s management, control and internal audit systems function effectively. The Board of Directors has a general obligation to pursue the best interest of the company and all of its shareholders.
Maria Cláudia Teixeira de Azevedo
Chairman of the Board
Born 1970
Independent of Musti Group Plc but not independent of its major shareholder.
Cláudia Azevedo has been a member of Musti Group’s Board of Directors since 12 April 2024.
She is the Chief Executive Officer of Sonae – SGPS, S.A., where she leads the Group’s overall strategy and portfolio development across its diversified businesses. She also serves as Chair of the Board of Directors of several Sonae portfolio companies.
Throughout her career within the Sonae Group, Cláudia Azevedo has held a range of executive and board positions across retail, real estate, telecommunications, and investment businesses. She has extensive experience in strategy, investment management, and corporate governance, and has led complex organisations in both domestic and international markets.
She holds a bachelor’s degree in Management from Universidade Católica Portuguesa and an MBA degree from INSEAD. She is a Portuguese citizen.
Jeffrey David
Vice-Chair of the Board
Born 1964
Independent of Musti Group Plc but not independent of its major shareholder.
Jeffrey David is a member of Musti Group’s Board of Directors since 2016 and served as Chairman of the Board between 2017 and 2024. In addition, he is a Board member of Greencross Limited – Australia. He is an Australian citizen.
Johan Dettel
Member of the Board
Born 1978
Independent of Musti Group Plc but not independent of its major shareholder.
Johan Dettel has been a member of Musti Group’s Board of Directors since 27. January 2022. Mr Dettel is also a Board member of ECODC Holding AB (and affiliates), Fiber Opportunity Partners AB, Konstmässan Market AB, Ventuso Holding AB (and affiliates), Quila Capital AB, Vaser Fastighets AB (and affiliates) and Arte Collectum AB (and affiliates). In addition, during the last five years he has been a Board member of Epidemic Sound AB and Iver Group AB. Mr Dettel holds a Master of Science degree in Industrial Engineering & Management from the Linköping Institute of Technology, and he is a Swedish citizen.
João Pedro Magalhães da Silva Torres Dolores
Member of the Board
Born 1980
Independent of Musti Group Plc but not independent of its major shareholder.
João Dolores has been a member of Musti Group’s Board of Directors since 12 April 2024.
He is Chief Financial Officer of Sonae – SGPS, S.A., with responsibility for the Group’s financial management, corporate strategy and capital allocation. He serves as Chair and board member of several companies within the Sonae Group, across retail, telecommunications, real estate, and investment businesses.
Throughout his career, João Dolores has held a range of senior financial and board positions, developing extensive experience in corporate finance, investment management, and governance across diversified and international operations.
He holds a degree in Economics from the University of Porto, and an MBA degree from the London Business School. He is a Portuguese citizen.
Tiina-Liisa Liukkonen
Member of the Board
Born in 1978
Independent of the company and its significant shareholders.
Tiina-Liisa Liukkonen is a member of the Musti Group Board of Directors since April 29, 2025. She serves as the Chair of the Audit Committee. Liukkonen is the Chief Finance and Information Officer of Olvi Oyj. Liukkonen is also a board member of Säästöpankki Optia and Savon Voima Oyj, and participates in regional business projects. Liukkonen holds a Master’s degree in Economics from the University of Jyväskylä and an MBA Executive degree from the Aalto Executive Education program. She is a Finnish citizen.
Eduardo Piedade
Member of the Board
Independent of Musti Group Plc, but not independent of its major shareholder.
Eduardo Piedade has served as Chief Development Officer of Sonae – SGPS, S.A. since July 2025. He joined Sonae in 2001 and has held several senior roles within the Group, including Strategic Planning Manager, Secretary to the Executive Committee and the Board of Directors, and Head of Investment Management.
He later served as CEO and Managing Partner of Bright Pixel Capital, Sonae’s corporate venture capital unit, where he led the investment strategy in software and technology companies across international markets. In that capacity, he chaired and served on the boards of several portfolio companies.
Throughout his career, he has developed extensive experience in strategy, M&A, and corporate finance, with a particular focus on high-growth technology businesses.
He holds a degree in Management from the University of Porto and an MBA from London Business School.
