Petrobras CEO may become chairman of BRF food company: report

SAO PAULO (Reuters) – Shares of BRF SA jumped almost 10 percent after a media outlet said on Wednesday the Brazilian food company’s next chairman could be Pedro Parente, chief executive of state-run oil company Petroleo Brasileiro SA.

The online edition of newspaper Valor Econômico reported that major BRF shareholders have a consensus that he would be a good candidate for the position. BRF shareholders will vote to elect 10 new board members on April 26. BRF declined to comment.

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