Brazil - 09

Brazil: Board Member Resignations Signal Ongoing Rifts in Petrobras

On 13 November Dan Conrado, an alternate on the Petrobras board and a BR Distribuidora board member, resigned from his position. Conrado was the second board member to resign this month – on 3 November Clovis Torres, another alternate Petrobras board member and BR Distribuidora’s board chairman, also resigned. Petrobras board chairman Murilo Ferreira is currently on a leave of absence for personal reasons, which is due to end on 30 November.


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