financetom
Business
financetom
/
Business
/
Petrobras CEO names new management team
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Petrobras CEO names new management team
Jun 14, 2024 12:13 PM

RIO DE JANEIRO, June 14 (Reuters) - The chief executive

of Brazilian state-run oil company Petrobras, Magda

Chambriard, has announced her new management team, with the

appointment of three directors, the firm said in a filing on

Friday.

Fernando Melgarejo has been appointed as chief financial

officer, taking over the role from Sergio Caetano Leite, who was

ousted alongside former CEO Jean Paul Prates last month.

Renata Baruzzi will become the chief officer for

engineering, technology and innovation; and Sylvia dos Anjos

will head up exploration and production.

Current executive officers Clarice Coppetti, Mauricio

Tolmasquim, Claudio Schlosser and Mario Spinelli will retain

their positions under Chambriard for the time being, but

Petrobras said "other possible nominations will be communicated

to the market in a timely manner."

Brazilian President Luiz Inacio Lula da Silva last month

dismissed Prates and named Chambriard to replace him, with a

mandate to speed up Petrobras' investment plan of $102 billion

for the 2024-2028 period.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Jul 9, 2024
08:50 AM EDT, 07/09/2024 (MT Newswires) -- Consumer stocks were edging higher pre-bell Tuesday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) advanced by 0.2% recently. Helen of Troy (HELE) fell past 27% after it reported lower fiscal Q1 adjusted earnings and revenue. The company also cut...
Middlemen have outsized influence on US drug prices due to market consolidation, FTC says
Middlemen have outsized influence on US drug prices due to market consolidation, FTC says
Jul 9, 2024
WASHINGTON (Reuters) - The consolidation of pharmacies and health insurance companies through years of deal making has led to a handful of pharmacy benefit managers exercising outsized influence over prescription drug prices, the U.S. Federal Trade Commission said on Tuesday. Pharmacy benefit managers, or PBMs, act as middlemen between drug companies and consumers. They negotiate volume discounts and fees with...
UL Solutions Acquires TesTneT Engineering in Germany
UL Solutions Acquires TesTneT Engineering in Germany
Jul 9, 2024
08:51 AM EDT, 07/09/2024 (MT Newswires) -- UL Solutions ( ULS ) said Tuesday it has acquired TesTneT Engineering GmbH, a hydrogen testing company in Germany. Financial terms of the acquisition weren't disclosed. The acquisition will expand the company's presence in the hydrogen industry, UL Solutions ( ULS ) said. ...
Inditex buys stake in U.S. sustainable agriculture startup Galy
Inditex buys stake in U.S. sustainable agriculture startup Galy
Jul 9, 2024
MADRID, July 9 (Reuters) - Zara owner Inditex has bought a stake in the U.S.-based sustainable agriculture startup Galy as part of its strategy to invest in the sustainable economy, its CEO, Oscar Garcia Maceiras, said on Tuesday. Today, we are disclosing that we have entered the capital of Galy, a startup founded in 2019 in the U.S., which is...
Copyright 2023-2025 - www.financetom.com All Rights Reserved