Commodities and Futures News

Petrobras CEO resigns

2023.01.04 09:15

 


Petrobras CEO resigns

Budrigannews.com – Brazilian state-run oil organization Petrobras said on Wednesday its governing body had endorsed the early flight of CEO Caio Paes de Andrade, which will produce results right away, and will likewise leave the load up.

According to sources cited by Reuters on Tuesday, Andrade had informed the board of directors of his resignation prior to April’s end of his term.

In a securities filing, Petrobras announced that Joao Henrique Rittershaussen, the company’s production head, has been appointed interim CEO.

More Oil quotes continued to decline

Petrobras CEO resigns

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