President of Petrobras (PETR4) accepts invitation to join SP government team

“In the coming weeks, President Caio will continue in his current role and will not participate in the transition in São Paulo,” the company said (Image: Bloomberg)

the president of Petrobras 🇧🇷PETR4), Caio Paes de Andrade, accepted an invitation from the future governor of Sao Paulo🇧🇷 Tarcisio de Freitasto compose the team of the next government of São Paulo, informed the oil company this Tuesday in a fact relevant to the market.

“In the coming weeks, President Caio will continue in his current role and will not participate in the transition in São Paulo,” the company said.

Petrobras also highlighted that, as president of Petrobras, the executive will continue to pay exclusive attention to the transfer of command that will take place in the company, collaborating together with the other directors “for a professional, transparent transition and adhering to good governance rules”.

Source: Moneytimes

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