Petrobras received a letter of resignation from of Petrobras’ Board member and CEO Mr. Aldemir Bendine today.
Following the announcement, the Board of Directors held an extraordinary meeting, in which they elected engineer Pedro Pullen Parente as Petrobras’ Board member and CEO of the company, effective May 31, 2016.
In the same meeting, the Board appointed Human Resources, HSE, and Services Officer Hugo Repsold Júnior to exercise the responsibilities of the CEO on an interim basis.
Board Member Luciano Galvão Coutinho has also resigned from the Board. Petrobras says the position will remain vacant until the election of a new member of the Board.
According to Petrobras, Pedro Pullen Parente began his public service career at Banco do Brasil in 1971 and was transferred to the Central Bank in 1973, in both cases following public examination. He has been a consultant for the International Monetary Fund and public institutions in Brazil, including several State Departments and the National Constituent Assembly of 1988, and has occupied various government positions in the economics area. He was Minister of State between 1999 and 2002, having led the team handling the transition from President Fernando Henrique Cardoso’s government to President Lula’s administration. During this period, he played an important role as President of the Energy Crisis Management Chamber.
He was a member of the Board of Directors of Petrobras between March 24, 1999 and December 31, 2002 and Chairman of the Board as of March 25, 2002. He was COO of RBS Group between 2003 and 2009 and President and CEO of Bunge Brasil from 2010 to 2014. He currently is a member of the Board of Directors of SBR-Global, as well as an Executive Partner of the Prada group of consulting and financial advisory companies. He also has been Chairman of the Board of Directors of the BM&FBOVESPA – Securities, Commodities and Futures Exchange since March 2015.
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