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The board of administrators at Petrobras, Brazil’s state-controlled oil and gasoline main, has accredited the nomination of Caio Paes de Andrade to change into the corporate’s new chief govt officer. The Brazilian authorities had introduced on Could 23 its intention to call Mr. Andrade to the place.
In accordance with Petrobras, Mr. Andrade is not going to must have his title accredited in a shareholders’ assembly. It is because former CEO José Mauro Coelho resigned final week, leaving a emptiness on the helm of the corporate, and it’s due to this fact as much as the board, on which the federal government controls six of…
Entry all of The Brazilian Report
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