17-05-2016 05:51 via uk.news.yahoo.com

Former Bunge Brasil CEO Parente picked to run Petrobras - O Globo

Brazil's interim President Michel Temer has decided to appoint engineer and former Bunge executive Pedro Parente to be chief executive of ailing state-run oil company Petrobras, O Globo newspaper reported on Monday. Parente was chief of staff of former president Fernando Henrique Cardoso, during whose administration he successfully managed a severe energy crisis that required electricity rationing. O Globo, citing unnamed sources, said Temer is seeking to tap Parente's management skills to rescu
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