Post Tagged with: "new CEO"

Source: Reuters

At Brazil’s Petrobras, a ‘Spartan’ military man takes the reins

Reuters


RIO DE JANEIRO – For many investors, the appointment of former army general Joaquim Silva e Luna as the new chief executive of Brazil’s state-run oil company Petrobras was unexpected – and unwelcome.

President Jair Bolsonaro announced the 71-year-old …

Source: Reuters

Petrobras top managers quit for clashing with incoming CEO’s plans – source

Reuters


RIO DE JANEIRO – Petroleo Brasileiro SA’s chief financial officer and three other top executives decided to leave the state-controlled producer after clashing with plans of the company’s incoming chief executive, a person close to the executives said.

Topics …

Source: Reuters

Exclusive: Incoming Petrobras CEO says he has no plans to push out executives

Reuters


RIO DE JANEIRO – Joaquim Silva e Luna, the incoming CEO of Brazil’s state-run oil company Petrobras, told Reuters that at least part of the executive board could stay on when he takes over in April, a signal that …

Source: Reuters

Board of Petrobras approves shareholders’ meeting; end of the line for CEO

Reuters


RIO DE JANEIRO – The board of Brazilian state-run oil company Petrobras on Tuesday called an extraordinary shareholders’ meeting, a move that all but guarantees the exit of Chief Executive Roberto Castello Branco.

In a statement, Petroleo Brasileiro SA, …

Source: Bloomberg

Petrobras’s $18 Billion Rout Deepens on Series of Downgrades

Bloomberg


A sell-off in Brazil’s state-controlled oil firm Petroleo Brasileiro SA picked up on Monday after a group of analysts downgraded the stock within 24 hours, following the government’s decision to replace the company’s chief executive officer.

Bradesco BBI, BTG …

February 22, 2021 - 1:00 pm Closing Bell Story‎, Crude Oil News, Energy News, International
PG&E Cleans House: New CEO, New Board

PG&E Cleans House: New CEO, New Board

PG&E Announces New Chief Executive Officer and Appointment of a Refreshed Board of Directors; New Leadership Focused on Enhancing Safety Culture and Operational Excellence