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