Petrobras inicia procedimento de nomeação do novo presidente da estatal

Petrobras Begins Appointment Procedure for New CEO of State-Owned Company

Written by Paulo Nogueira

Published on 14/12/2018 at 07:56

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Petrobras Received a Letter from Its Controlling Shareholder with the Indication of the Company’s President and Board Member

Petrobras said on Thursday that economist Roberto da Cunha Castello Branco is officially appointed as the company’s president and board member. “The nomination will be submitted to corporate governance procedures, including the necessary compliance and integrity analyses for the company’s succession process, with evaluation by the Nomination, Remuneration and Succession Committee, and the board of directors, and subsequently by the general assembly of shareholders,” the company stated.

Castello Branco has held management positions at the Central Bank and at the mining company Vale. After leaving the miner, he served as a board member of Petrobras from 2015 to 2016. Branco also served as a director of the Getúlio Vargas Foundation (FGV).

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Petrobras Begins Appointment Procedure for New CEO of State-Owned Company

Petrobras Received a Letter from Its Controlling Shareholder with the Indication of the Company’s President and Board Member

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Petrobras Begins Appointment Procedure for New CEO of State-Owned Company

Petrobras Received a Letter from Its Controlling Shareholder with the Indication of the Company’s President and Board Member

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