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Petrobras’ (NYSE:PBR) eligibility committee on Friday authorized Caio Paes de Andrade, the Brazil authorities’s decide, to be nominated as the corporate’s subsequent CEO, concluding that there are “no boundaries” to occupy the place, Reuters stories.
Though non-binding, the committee’s opinion was needed for the board of administrators to schedule the overall assembly, which is predicted to happen early subsequent week.
Following a gas worth improve that angered Brazil’s President Bolsonaro and plenty of lawmakers, Petrobras (PBR) CEO Jose Mauro Coelho resigned on Monday earlier than he was formally changed, clearing the trail for Andrade to affix the board after which turn into CEO.
