Petrobras Shares Drop in Wake of Bolsonaro's Plan to Name New CEO

Petrobras Shares Drop in Wake of Bolsonaro's Plan to Name New CEO

Petrobras Shares Drop in Wake of Bolsonaro's Plan to Name New CEO

Roberto Castello Branco, the current Petrobras CEO, had won the market’s trust after overseeing an ambitious plan to cut the company’s debt load.

Roberto Castello Branco, the current Petrobras CEO, had won the market’s trust after overseeing an ambitious plan to cut the company’s debt load.

Photo: sergio moraes/Reuters