Share this Story: Petrobras geologist who led the pre-salt discovery to head division -sources [Financial Post (Toronto, Ontario, Canada)]
Petroleo Brasileiro S.A.- Petrobras American Depositary Shares (PBR.A)
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Source: Financial Post
HOUSTON — The new CEO of Brazil oil company Petroleo Brasileiro SA has picked geologist Mario Carminatti to head the company's exploration and production division, people with knowledge of the information said on Friday. Carminatti led as chief geologist the discovery in 2006 of one of the world's largest offsfhore oil deposits this century, the pre-salt. His name was chosen by newly appointed Chief Executive Jean Paul Prates, they said. The board of directors of Petrobras, as the company is known, has yet to formally approve the composition of the new executive team, the people said. Petrobras declined to comment. The people said the group includes Prates' business partner Sergio Caetano Leite as chief financial officer, Mauricio Tolmasquim for chief energy transition officer and William Franca as refining head. Prates sealed Carminatti's choice in a meeting on Thursday at the Presidential Palace with President Luiz Inacio Lula da Silva, Chief of Staff Rui Costa and Workers
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