Globo Executive Fired After Messages Show Pressure on Columnist Malu Gaspar
Frederic Kachar was dismissed following revelations he promised to speak with journalist Malu Gaspar after banker Daniel Vorcaro complained about her critical coverage of Banco Master.

KEY POINTS
- Grupo Globo fired Frederic Kachar on October 15, 2025, after leaked messages showed interference attempts.
- Banker Daniel Vorcaro complained directly to Kachar about Malu Gaspar's critical columns on Banco Master in April 2025.
- Kachar promised to speak with Gaspar and described her reporting style as "tiring and unnecessary."
- Messages intercepted by Federal Police span October 2023 to July 2025; Vorcaro detained since March 2025.
- Globo stated the relationship violated governance principles and affirmed editorial independence.
Grupo Globo announced the dismissal of Frederic Kachar, director-general of Print Media and Radio, on October 15 after leaked messages revealed he discussed editorial coverage with Daniel Vorcaro, the former controller of Banco Master. The messages, intercepted by the Federal Police from Vorcaro's phone between October 2023 and July 2025, show the banker complaining directly to Kachar about columns by Malu Gaspar published in O Globo.
In exchanges dated April 1, 2025, Vorcaro protested a column titled "Managers of Master respond to lawsuit for fraudulent operations and price manipulation," calling it "too much dirty play" and claiming it diminished Globo's journalism. Kachar acknowledged attempting to contact Gaspar but noted she was on air at CBN radio and that two other columns had already been published. He described her style as "tiring and unnecessary" but consistent across subjects, ultimately promising: "I will speak with her."
“Relationship incompatible with the company's governance principles and the editorial independence of its vehicles.”
The relationship dates back to April 2024, when Kachar, then CEO of Editora Globo and Sistema Globo de Rádio, offered Vorcaro an interview in Valor Econômico regarding Veste, a retail group controlled by the banker. Vorcaro later described their bond as a "friendship that surpasses business." Vorcaro has been detained since March 2025 as the main target of Operation Compliance Zero.
The leak coincided with Globo's annual Upfront advertising event in São Paulo on October 14, attended by top executives including Kachar. In its official statement, Grupo Globo said the private conversations revealed a "relationship incompatible with the company's governance principles and the editorial independence of its vehicles," reinforcing that its journalism operates autonomously.
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