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Weekly Report - 05 February 2015 (WR-15-05)
BRAZIL: CEO and five directors quit Petrobras
Friday 6 February will be the last day in the office for Maria das Graças Silva Foster, the CEO of Petrobras, the state-run oil company, and five of its six directors. In a note to the stockmarket and the securities commission, the company confirmed the rumours that had followed Silva Foster’s two-hour meeting with President Dilma Rousseff on 3 February. For the third time in the last two months, the CEO had presented her resignation to the President; this time, Rousseff finally accepted.
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