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New chief executive at Petrobras

  • Petrobras (NYSE:PBR) has appointed Pedro Parente as CEO to succeed Aldemir Bendine, who resigned from the post at Brazil's national oil company.
  • Many of the country's top ministerial jobs and government roles have been recently swapped by Interim President Temer, after Dilma Rousseff was suspended from office for allegedly breaking budget laws.
  • Petrobras has been heavily scrutinized under that massive corruption probe.

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Petróleo Brasileiro S.A. - Petrobras