Petrobras Chief in a Rush to Deliver as Election Season Nears


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.

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