Petrobras new management to be elected on Friday

Thursday, February 5th 2015 - 09:30 UTC

Full article 1 comment

The chief executive and other senior management at Brazil's Petrobras officially resigned on Wednesday amid a festering corruption scandal, sending shares higher as the government scrambled to find replacements capable of restoring investor confidence in the state-run oil company. Read full article

Comments

Disclaimer & comment rules

Jack Bauer
Let's see if the government, i.e., the fat B, can resist naming some political ally
to be the new CEO...whoever she picks - and provided they accept the job - will have to a competent professional from the oil industry, and have absolutely no political affiliation.......it is the only way the company will regain some investor confidence.
Feb 05th, 2015 - 10:15 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!