Petrobras Board Chooses New CEO

January 30, 2023--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--The board of Petrobras (NYSE:PBR) (Rio de Janeiro, Brazil) chose a new chief executive officer last week as the new government prepares to reshape Brazil's national oil company.

The board unanimously approved Senator Jean Paul Prates as chief executive, based on a statement by the energy company. Prates was hand-picked by Brazil's new president, Luiz Inacio Lula da Silva, to head the energy company.