Petrobras Weighs CEO Change as Brazilian President Turns Up Pressure

Feb 23, 20:12Feb 24, 0:00
Petrobras Weighs CEO Change as Brazilian President Turns Up Pressure

Petrobras Weighs CEO Change as Brazilian President Turns Up Pressure

Petrobras’s shares plunged roughly 20% following President Bolsonaro’s plan to install an army general as the CEO.

Petrobras’s shares plunged roughly 20% following President Bolsonaro’s plan to install an army general as the CEO.

Photo: antonio lacerda/Shutterstock