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Petrobras CEO Pedro Parente Resigned

Petrobras CEO Unexpectedly Resigns Amid Crippling Nationwide Strike, Sending Stock, Real Tumbling

One day after Brazil’s oil workers went on strike, further slowing Latin America’s biggest economy which was already crippled by a trucker strike that has paralyzed the nation for the past 2 weeks, the CEO of the state energy giant, Petrobras, Pedro Parente unexpectedly resigned on Friday stepping down as chief of the state-controlled oil company he helped to revive in the aftermath of the Carwash scandal, as the nationwide strike against high fuel prices has unleashed criticism against his free-market policies.


Name: Pedro Parente

Continent: South America

Country: Brazil

Company: Petrobras

Branch: Energy

Position: CEO

Reason: Resigned

New Company: BRF S.A.

New Position: CEO

Announcement Date: May 31, 2018, 10:00pm

Resignation Date: May 31, 2018, 10:00pm

Source 1: https://www.zerohedge.com/news/2018-06-01/petrobras-ceo-unexpectedly-resigns-amid-crippling-nationwide-strike-sending-stock

Source 2: https://www.leadersleague.com/en/news/pedro-parente-takes-over-as-global-ceo-at-brf


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