Petrobras Top Executives May See Compensation Increased By Over 43% And President's Salary Could Reach R$ 167 Thousand

Petrobras Top Executives May See Compensation Increased By Over 43% And President’s Salary Could Reach R$ 167 Thousand

Written by Roberta Souza

Published on 26/03/2023 at 10:10

Fonte: Shutterstock

Seja o primeiro a reagir!

For Petrobras, the salary increase is justified by the good results obtained and by the salary deficiency of the administrators in relation to other companies in the sector

The top management of Petrobras is composed of the president, directors, and councilors. The approval for the salary increase for these positions took place at the meeting of the state board of directors this Wednesday (22). However, to take effect, the proposal needs to be approved by the general assembly of shareholders, scheduled for April 27.

What Does This Increase Imply?

With the 43.88% increase on the fixed remuneration (which does not consider allowances or profit sharing) for the highest positions in the state company, the salary of President Jean Paul Prates, which currently hovers around R$ 116 thousand, will rise to about R$ 167 thousand.

According to the Consolidated Report of Federal State-Owned Companies 2022, the average remuneration of administrators and the fiscal council exceeded R$3.9 million per position, considering fixed salary, profit sharing, and bonuses.

ARTICLE CONTINUES BELOW

Petrobras Considers The Salary Increase Coherent, However, It Generates Anger From Other Authorities

In an interview with the newspaper Correio Braziliense, Petrobras stated that the fixed remuneration of directors “had been frozen since 2016.” The state company also stated, in a note, that the increase will not have an immediate effect, as, if approved, it will only take effect after the date of the ordinary general assembly of 2023.

However, some authorities are not satisfied with the proposal, including the head of Planalto, who stated in an interview with TV 247: “The salary of directors increased from R$60 thousand to R$360 thousand per month, and a citizen who is on a council earns R$200 thousand to participate in one meeting a month. So these absurdities are what we are looking to change.”

Petrobras Top Executives May See Compensation Increased By Over 43% And President’s Salary Could Reach R$ 167 Thousand

For Petrobras, the salary increase is justified by the good results obtained and by the salary deficiency of the administrators in relation to other companies in the sector

What Does This Increase Imply?

Petrobras Considers The Salary Increase Coherent, However, It Generates Anger From Other Authorities

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Blumenau bets on the Chinese concept of sponge city to end the flooding that has plagued residents for decades, transforming areas that are already underwater into recreational parks with sustainable drainage.

It has a cargo capacity of 51 tons, measures 63 meters, and carries two wings of the A350 per flight: the Airbus BelugaXL has the largest cross-section cargo hold among existing freighters and has become a key component of European air production.

New smart camera starts fining those who invade bus lanes and technology is already changing rules on busy roads in Brazil.

China puts US$ 1.2 billion on the table to tear up the Mekong River, open a 151 km canal to the sea, and completely change Cambodia’s trade route, reducing dependence on Vietnam and increasing environmental and geopolitical tension in the region.

Young man from Fortaleza, son of a driver and a housekeeper who studied in a public school, was accepted into the Medicine program at UFC and ‘silenced’ those who said the course wasn’t for him, achieving his dream after even giving up his cellphone.

Petrobras Top Executives May See Compensation Increased By Over 43% And President’s Salary Could Reach R$ 167 Thousand

For Petrobras, the salary increase is justified by the good results obtained and by the salary deficiency of the administrators in relation to other companies in the sector

What Does This Increase Imply?

Petrobras Considers The Salary Increase Coherent, However, It Generates Anger From Other Authorities

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

The oldest tree in the world, alive since before the birth of Jesus Christ, is cut down in a scientific study and the case changes environmental preservation rules.

An entire island in the Pacific wants to surround itself with a colossal barrier against the ocean to try to escape increasingly violent waves and not be swallowed by the sea in the coming decades.

After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

Peru built a tunnel at an altitude of 4,738 meters cutting through the Andes Mountains, and the road leading to it reaches 4,818 meters, making it the highest paved road in the entire world.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

While the world felt the pinch of rising oil prices, oil companies pocketed at least $23 billion extra from the crisis in Ormuz.

Oil plummets more than 10% and the market turns upside down after Iran opens Hormuz and eases fears about the main route in the Gulf.

Petrobras robots confirm the presence of hydrocarbons in the pre-salt of the Campos Basin at a depth of 2,984 meters, in a new exploratory well located 201 km off the coast of Rio de Janeiro.

A Canadian study detects record methane emissions and reveals that abandoned oil wells pollute up to 1,000 times more than expected.

Foresea announces winners of the 3rd supplier award highlighting performance, technology, and sustainability in the oil and gas sector in Macaé.

Blumenau bets on the Chinese concept of sponge city to end the flooding that has plagued residents for decades, transforming areas that are already underwater into recreational parks with sustainable drainage.

It has a cargo capacity of 51 tons, measures 63 meters, and carries two wings of the A350 per flight: the Airbus BelugaXL has the largest cross-section cargo hold among existing freighters and has become a key component of European air production.

New smart camera starts fining those who invade bus lanes and technology is already changing rules on busy roads in Brazil.

China puts US$ 1.2 billion on the table to tear up the Mekong River, open a 151 km canal to the sea, and completely change Cambodia’s trade route, reducing dependence on Vietnam and increasing environmental and geopolitical tension in the region.

Young man from Fortaleza, son of a driver and a housekeeper who studied in a public school, was accepted into the Medicine program at UFC and ‘silenced’ those who said the course wasn’t for him, achieving his dream after even giving up his cellphone.