Remfin schreef op 17 mei 2016 15:09:
www.upstreamonline.com/incoming/14327...By Anamaria Deduleasa, Gareth Chetwynd & news reports
17 May 2016 08:05 GMT
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Brazil's interim President Michel Temer is reportedly set to appoint a new boss for the country's oil giant Petrobras.
Temer will name Pedro Parente - a former executive of New York-headquartered agribusiness and food company Bunge – as the new chief executive of Petrobras, according to reports.
If confirmed, Parente, who was also chief of staff to former president Fernando Henrique Cardoso and a former energy minister in that administration, will replace the current Petrobras boss Aldemir Bendine, Brazil's O Globo newspaper reported on Monday.
An engineer by trade who graduated from the University of Brasilia, during the presidency of Cardoso Parente successfully managed a severe energy crisis that required electricity rationing.
According to O Globo, Temer is now seeking to tap Parente's management skills to rescue Petrobras from a financial crisis brought on by low world oil prices and a massive corruption scandal that has paralysed much of its expansion projects.
Sources in the new administration have told Upstream that Parente was under consideration for a high level Petrobras position, but suggested that Temer was more likely to start with changes in the administrative board rather than the board of directors.
This logic implies that Parente may have been offered the post of chairman, rather than chief executive, and no official confirmation has been given yet.
The appointment is expected to be discussed on Tuesday.
Bendine was named as chief executive by suspended President Dilma Rousseff, only a year ago. Earlier this year, the current Petrobras boss said the company was making progress in cutting costs and raising efficiency, achieving a positive free cash flow for the first time since 2007.
Temer’s position as interim President is owed to the fact that President Dilma Rousseff has been suspended from office. Her impeachment requires another Senate vote by qualified majority, scheduled to take place within the next six months