Petrobras Loses Chairman As Disagreements, Environmental Disaster Come Into Focus – ValueWalk Premium
Petrobras

Petrobras Loses Chairman As Disagreements, Environmental Disaster Come Into Focus

Petrobras, the state-run energy concern that Bridgewater Associates categorized as a potential systemic risk to the Brazilian economy, lost its Chairman after Murilo Ferreira resigned Monday.
Ferreira resignation comes after “clash” with CEO and trouble at his separate mining company
The resignation came as Ferreira was reported as having a difference of opinion with Chief Executive and Vale SA, the Brazilian mining company where Ferreira was chief executive . . .

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