A brand of Brazil’s state-run Petrobras oil firm is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. REUTERS/Sergio Moraes/File Photo
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SAO PAULO, June 9 (Reuters) – The Brazilian authorities chosen Gileno Gurjao Barreto on Thursday as its nominee to chair state-run oil big Petrobras’ (PETR4.SA) board.
The Mines and Energy Ministry additionally confirmed Caio Mario Paes de Andrade as its nominee to be Petrobras’ chief government.
The nominations, which nonetheless must be authorised by shareholders, come weeks after Brazil’s President Jair Bolsonaro ousted the corporate’s earlier chief government, who served lower than two months on the job.
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Barreto is a legislation graduate from the University Center of Brasilia with an MBA from the Getulio Vargas Foundation and is president of Brazil’s federal knowledge processor Serpro.
The ministry additionally picked eight different names for board administrators, together with present members Jose Joao Abdala Filho, Marcelo Gasparino da Silva, Ruy Flaks Schneider and Marcio Andrade Weber.
Bolsonaro’s firing of earlier CEO Jose Mauro Ferreira Coelho in a row over gasoline pricing meant that the agency’s board was dismissed as nicely, in keeping with Petrobras.
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Reporting by Peter Frontini and Carolina Pulice; Editing by Christopher Cushing, Muralikumar Anantharaman and Kenneth Maxwell
Our Standards: The Thomson Reuters Trust Principles.
Brazil picks Gileno Gurjao Barreto as Petrobras chairman & More Latest News Update
Brazil picks Gileno Gurjao Barreto as Petrobras chairman & More Live News
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Brazil picks Gileno Gurjao Barreto as Petrobras chairman & More News Today
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