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The CEO of Petrobras had betrayed the Brazilian people, according to President Jair Bolsonaro, after the company raised gasoline prices last week. Now the CEO has announced his departure. ....
After barely 40 days on the job, José Mauro Coelho resigned as CEO of Brazil s state-run oil company Petrobras due to pressure from President Jair Bolsonaro and other politicians over a recent increase in the price of fuel, which drives inflation upwards ahead of the Oct. 2 elections. Bolsonaro had dubbed the price hike a “betrayal” of the Brazilian people. ....
The chief executive of Brazil’s state-owned oil company Petrobras, who has stayed in his post despite last month being fired by Brazilian President Jair Bolsonaro, resigned on Monday after a new fuel price hike that enraged Bolsonaro. Jose Mauro Coelho is the third Petrobras chief executive to leave since February last year in a standoff between the company and Bolsonaro over fuel prices. Petrobras announced Coelho’s resignation on Monday. The company said Fernando Borges its head of exploration and production would temporarily take over until government pick Caio Paes de Andrade, a Brazilian Ministry of the Economy official, assumes the top ....
Petrobras names interim CEO latinfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from latinfinance.com Daily Mail and Mail on Sunday newspapers.
Petrobras (PBR) said on Monday that CEO Jose Mauro Coelho had resigned and an interim CEO would be appointed for the board's consideration, following a fuel price increase that. ....