Petrobras

Petrobras Chief in a Rush to Deliver as Election Season Nears

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The clock is ticking for Petrobras’ Pedro Parente.

Chief executive officer since May 2016, Parente has set an aggressive agenda to solidify the state-controlled company’s finances after the twin challenges of the oil rout and a corruption scandal dealt it a near-death experience. Now, he’s rushing to finish his work before an unpredictable presidential campaign makes it harder to sell assets and complete a key compensation deal with Brazil’s government.

Categories: Petrobras, CEO

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