Rio de Janeiro, July 31, 2017 – Petróleo Brasileiro S.A. – Petrobras informs that the Board of Directors of its wholly-owned subsidiary Petrobras Distribuidora S.A. (BR) approved today the reelection of Mr. Ivan de Sá Pereira Júnior to the position of CEO of BR for a two-year term.
The Board of Directors also approved the election of Mr. Marcelo Fernandes Bragança to the post of Executive Officer of Stations Network, Mr. Antonio Carlos Alves Caldeira to the post of Executive Officer of Operations and Logistics, and Mr. Gustavo Henrique Braga Couto to the post of Executive Officer of Consumer Market, for a two-year term, as of July 31, 2017.
Ivan de Sá Pereira Júnior holds a degree in mechanical engineer and a specialization degree in production engineering from PUC/Rio de Janeiro. He has been a Petrobras employee since 1985, having already occupied several management and Executive Office positions in the Petrobras system.
Marcelo Fernandes Bragança is an engineer and an employee of BR since 1998, having already occupied the positions of Commercial Executive Officer and Chief Executive Officer, respectively, in Brasil Supply S.A. and Brasil Supply de Venezuela C.A. and the position of BR Executive Officer of Operations and Logistics.
Antonio Carlos Alves Caldeira is an engineer, with specialization in marketing from Escola Superior de Propaganda e Marketing – ESPM/SP and MBA from the University of São Paulo – USP. He has been a Petrobras employee since 1982, having already occupied several management positions, as well as Executive Officer of Consumer Market in BR.
Gustavo Henrique Braga Couto is a civil engineer and holds a post-graduate degree in marketing from ESPM plus MBA in Business Management from Fundação Dom Cabral/MG. He has held several positions such as Supply Chain Executive Officer at Companhia Siderúrgica Nacional (CSN), Supply Chain and IT Executive Officer at the company Suzano Papel e Celulose, and Marketing Manager for Large Consumers and Planning at Shell Brasil S.A. He was Executive Officer for Swissport Brasil company as COO (Country Operations Officer), where he left to take over the position in BR.
The President Ivan de Sá Pereira Júnior remains as interim Administrative-Financial Executive Officer until a new name is elected and approved by the Board of Directors from BR.
All the names were subject to previous analyses by the Petrobras Board of Directors’ Committee on Nominating, Compensation and Succession.