Board of Directors
Consists of a minimum of seven and a maximum of eleven members, who are elected at the General Ordinary Meeting for a term of up to two years, with a maximum of three consecutive reelections allowed. Of all board members, only the Chairman, the CEO and employee representative are non-independent. All others are non-executive independent members.In 2019, the average board meeting attendance was 96,9%.
Eduardo Bacellar Leal FerreiraChairman of the Board of Directors
Eduardo Bacellar Leal Ferreira is a Fleet Admiral and was Commander of the Brazilian Navy until January 2019, therefore reaching the top position of his career. In addition to the Naval School, Leal Ferreira received top-level training at the Naval War School in Brazil and at the Chile Naval War Academy. He was also instructor at the Annapolis Naval Academy in the USA. Prior to being a Commander of the Brazilian Navy, he held several important positions, being Chief of Staff of the Navy and Commander-in-Chief of the Fleet.
Roberto da Cunha Castello BrancoElected by the Controlling Shareholder
Roberto Castello Branco holds a bachelor’s degree in economics, with a doctorate from Fundação Getulio Vargas (FGV EPGE) and a postdoctoral degree from University of Chicago. He participated in executive training programs at Sloan School of Management (MIT) and International Institute for Management Development (IMD). He is affiliated professor at EPGE (FGV), also acting as director at Centro de Estudos em Crescimento e Desenvolvimento Econômico in this institution. He was a director at Vale S.A., Banco Central do Brasil, Banco Boavista, Banco Boavista Investimentos and Banco InterAtlântico. He was a member of Petrobras´ Board of Directors between May 2015 and April 2016, GRU Airport and Invepar, as well as a member of the Board of Directors of ABRASCA, Director of the American Chamber of Commerce (RJ) and a member of the Board of Directors of IBEF and Board of Curators of FGV. He was president of the Instituto Brasileiro de Relações com Investidores, executive president of IBMEC and vice president of the Brazil-Canada Chamber of Commerce. He has published articles in academic journals and widely circulated newspapers and has lectured at conferences held in Brazil and abroad (USA, UK, Canada, Hong Kong, Shanghai, Singapore and Sydney). Author of the book ” Crescimento acelerado e o mercado de trabalho: a experiência Brasileira” (Accelerated growth and the labor market: the Brazilian experience).
João Cox NetoElected by the Controlling Shareholder
João Cox Neto is an economist with a major in petrochemical economics from the University of Oxford, UK. He has a solid career as an executive, having been CEO of Telemig Celular and CEO of Claro, among other prominent positions. Cox has extensive experience as a member of the Board of Directors of several companies, such as Tim Brasil, where he is Chairman of the Board, Tim Participações, Embraer, Linx and Braskem.
Rosangela Buzanelli TorresElected by Employees
Mrs. Rosangela Buzanelli Torres was elected in the first round in the election held by Petrobras employees in 2020. She holds a degree in Geosciences and Engineering from the Federal University of Ouro Preto, and a Master’s degree in Geosciences from the National Institute of Space Research. She joined Petrobras in 1987 in the Geophysics position. She is currently employed in the area of Deepwater Exploration Operations. Non-independent board member according to the criteria contained in article 36, paragraph 1 of Decree No. 8,945/2016 and in the Corporate Governance Level 2 Listing Regulation.
Omar Carneiro da Cunha SobrinhoElected by the Controlling Shareholder
Mr. Omar has extensive executive experience and relationships in Brazil and abroad in business, government and sector entities. Mr. Omar was CEO of Shell Brasil, Shell Quimica, Billiton Metais, AT&T Brasil, and Varig. He is currently a Member of the Board of Directors of Grupo Energisa S/A, Brookfield Properties Partners LP, Libraport Campinas S/A, and senior partner at Dealmaker Consultoria e Participações. He was also a member of the Board of Directors and Executive Management of companies and entities such as Sindicom, Cultura Inglesa S/A, Amcham Brasil-RJ, Commercial Association of Rio de Janeiro, Valesul Aluminio S/A, Mineração Rio do Norte S/A, Brasoil Ltda, Huisman Ltda, Libra Group, Business Cooperation Committee – FGV, among others. Mr. Omar has a degree in Economics from the School of Political and Economic Sciences of Rio de Janeiro and a post-graduate degree in Financial Administration from FGV. Independent member of the Board pursuant to criteria set forth in article 36, paragraph 1 of Decree no. 8945/2016 and in the Corporate Governance Level 2 Listing Regulation.
Leonardo Pietro AntonelliElected by Minority Shareholders
Leonardo Pietro Antonelli, Brazilian citizen, lawyer. Founding partner of Antonelli e Advogados Associados, graduated from Universidade Candido Mendes (UCAM-RJ), a postgraduate diploma in Taxation Law from Universidade Estácio de Sá (UNESA-RJ) and a Master’s degree in Economic Law from Universidade Candido Mendes (UCAM-RJ). A university Professor and Lecturer, has been a member of many selection committees for carreers in the civil service, such as the positions of judge, detective inspector of both the Federal and Civil Police Forces. Appointed as Judicial Administrator of the Rio de Janeiro Court Justice, also acting as a Councillor for the Ordem dos Advogados do Brasil (OAB-RJ), as the head of the Jurisdiction Defence Committee and Since 2009 he has chaired the Investment Funds Board of G5 / Evercore. Awarded with the Innovare Prize for the project Justice speaks to those who will hear it (Justiça fala para quem quer ouvir). Author of a number of publications, i.e. “Curso de Direito Tributário Brasileiro” (A Course on Brazilian Tax Law) –Volume III, published in 3 editions by Quartier Latin Press, and its fourth edition by Almedina Press, and “Correção Legislativa da Jurisprudência:Uma análise das emendas constitucionais em matéria tributária”, published by Justiça e Cidadania Press.He took on the position of Head Teacher of the Escola da Magistratura Eleitoral (School of Electoral Law) during the biennials in which integrated the Tribunal Regional Eleitoral do Estado do Rio de Janeiro (Rio de Janeiro State Electoral Regional Court), exercising the position of federal judge, as a jurist appointed by the President of the Republic.Independent member of the Board pursuant to criteria set forth in article 18, paragraph 5 of the Company’s Bylaw.
Marcelo Mesquita de Siqueira FilhoElected by Minority Ordinary Shareholders
Marcelo Mesquita de Siqueira Filho has 27 years of experience in the Brazilian stock market. He is a founding partner of Leblon Equities, a fund management company focused on Brazilian stocks, created in 2008, and co-manager of equity and private equity funds. He has previously worked for 10 years at UBS Pactual (1998-2008) and 7 years at Banco Garantia (1991-1998). At UBS Pactual, he was co-responsible for the Capital Markets area (07-08), co-responsible for the equity area (05-07), responsible for the Business Analysis and Strategist area (98-06). At Banco Garantia, he was a commodities company analyst (91-97) and Investment Banker (97-98). Since 1995 Marcelo has been considered by investors as one of the main Brazilian analysts according to several researches made by the Institutional Investor magazine. He was ranked “# 1 Brazil Analyst” in 2003-2006 (#3 in 2002, #2 in 2001 and #3 in 2000). Marcelo was also voted “# 1 Stocks Strategist in Brazil” by the “Institutional Investor Magazine Brazil Survey” in 2005, 2004 and 2003. Marcelo is 48 years old, holds a B.A. in Economics from PUC-RJ, in French Studies from the University of Nancy II and OPM from Harvard. Marcelo is a member of the Board of Directors of Petrobras (where he also chairs the Minority Committee/COMIN and is a member of the Financial Committee/COFIN and the Communication and Social Responsibility Committee/CCRS), BR Home Centers and Tamboro. He has a CPA-20 certification.
Nivio ZivianiElected by the Controlling Shareholder
Nivio Ziviani has a Mechanical Engineering degree from Federal University of Minas Gerais (1971), a master’s degree in Computing from the Pontifícia Universidade Católica do Rio de Janeiro (1976) and Ph.D. in Computer Science from Waterloo University, Canada (1982). He is a specialist in information technology and an outstanding professor and entrepreneur. Professor Emeritus of the Computer Science Department of the Federal University of Minas Gerais since 2005 and member of the Brazilian Academy of Sciences since 2007, Nivio Ziviani has been awarded, throughout his career, several prizes and honors, among them the National Order of Scientific Merit, in the Commander (2007) and Grand Cross (2018) classes. Professor Nivio Ziviani is the author of the book Projeto de Algoritmos and co-author in over 180 scientific articles in the fields of algorithms, information recovery, artificial intelligence and related areas. As an entrepreneur, he is the founder of several companies based on the knowledge produced in the University, such as Kunumi (2016), Neemu (2010), Akwan (2000) and Miner (1998).
Ruy Flaks SchneiderElected by the Controlling Shareholder
Ruy Schneider is an industrial mechanical and production engineer graduated from PUC-RIO as well as a Master of Sciences in Engineering Economy from Stanford University. Navy reserve officer, he attended the Escola Superior de Guerra. He founded the Industrial Engineering Department at PUC-RIO, becoming its first director and establishing the first master’s program in Industrial Engineering in Brazil. With several published articles, he works as a speaker, in Brazil and abroad. He has accumulated vast experience, both as an executive and as a member of the Board of Directors and Fiscal Council of large companies, including Xerox do Brasil S.A., Banco Brascan de Investimento S.A., Banco de Montreal S.A.-MontrealBank, Grupo Multiplan and INB Indústrias Nucleares do Brasil. Mr. Ruy Schneider served as a member of the Central Bank’s capital market advisory Board, participating in advising on the preparation of the external debt conversion program.
He is chairman of the Board of Directors of the Liga da Reserva Naval do Brasil. Creator of the first multi-sponsored pension fund and introducer of Defined Contribution funds in Brazil.
Rodrigo de Mesquita PereiraElected by Preferred Shareholders
Rodrigo de Mesquita Pereira, Brazilian citizen, lawyer, Bachelor’s Degree in Law from the Law School of the University of São Paulo [Universidade de São Paulo] (1988); University Extension in “Diffuse and Collective Interests” from Pontifícia Universidade Católica de São Paulo; Post Graduate Degree in Business Management from Getúlio Vargas Foundation [Fundação Getúlio Vargas]. Prosecutor of the Public Prosecution Service of the State of São Paulo (1991-2001); Member of the Water Resources Special Group of the Public Prosecution Service of the State of São Paulo (1997-2001). Partner lawyer at Alves Ferreira & Mesquita Sociedade de Advogados.Member of the Fiscal Council of Companhia Energética de Minas Gerais -CEMIG -from 2016 to 2020; Alternate Member of the Fiscal Council of Petrobras from 2018 to 2019.Independent member of the Board pursuant to criteria set forth in article 18, paragraph 5 of the Company’s Bylaws.
Paulo Cesar de Souza e SilvaElected by the Controlling Shareholder
Mr. Paulo Cesar de Souza e Silva took his degree as an economist at Universidade Mackenzie (1979) and has an MBA degree from the University of Lausanne, Switzerland (1982). He has more than 40 years of professional experience in the domestic and international financial sector, as well as in the aviation sector. He has extensive international experience, both personal and professional, with intensive practice in the five continents. Mr. Paulo Cesar de Souza e Silva was the Chief Executive Officer of Embraer S.A. for the last years, where he has worked for more than 20 years. He has been awarded with the Ordem Nacional Barão de Mauá by the President of Brazil (Dec 2018), elected by the Forbes Magazine as one of Brazil’s Best CEOs (Jul 2018), elected Entrepreneur of the Year in the Industry by Revista Isto É (Dec 2019), Personality of Innovation Technology by the Sindicato dos Engenheiros (Dec 2016) and he has been honoured with the Ordem do Mérito Aeronáutico by the Minister of Defense (Oct 2016). Mr. Paulo Cesar de Souza e Silva is an independent member of Transpetro Board of Directors and of the Águia Branca Group. He is a non-Independent member of the Petrobras Board pursuant to criteria set forth in article 36, paragraph 1 of Decree no. 8945/2016 and in the Corporate Governance Level 2 Listing Regulation.
Consists of five members with a one-year term, with reelection allowed. One of whom is appointed by minority shareholders, one by preferred shareholders and three by the Federal Government, which includes an appointment by the Finance Minister, as a representative of the Treasury.
Agnes Maria de Aragão da CostaElected by the Union | Holder Member
Ms. Agnes Maria de Aragão da Costa is Head of the Special Advisory on Regulatory Matters, with special emphasis on Energy and Mining Economies. She has been working for the MME for 14 years, formulating public policy recommendations and monitoring the results of these policies. She holds a bachelor’s degree in Economics by the Federal University of Rio de Janeiro (UFRJ) and a master’s degree in Energy by the University of São Paulo (USP). She has a civil servant career as Public Policies and Governmental Management Specialist. She has been a member of the Audit Committee of Eletrobras since 2015, and President since 2017. She has been a substitute member of Petrobras’ Fiscal Council since 2015. She was a member of the Board of Directors of CEAL and CEPISA.
Fabricio Santos DebortoliElected by the Preferred Share Minority Shareholders | Alternate Member
Fabricio Santos Debortoli, CRC/SC Accountant 25.570/O-0 and holds a post-graduate degree in Tax Management from Univali. He is Vice-Chairman of Finance of GASPART Participações S.A., Member of the Fiscal Council of USIMINAS (2019/2020 and 2020/2021), and Member of the Board of Directors of CELESC S.A.(2019/2020 e 2020/2021). Served as Financial Controller of Videolar Innova S.A. (2012 to 2017), was Member of the Board of Directors of Companhia de Águas de Santa Catarina -CASAN S.A. (March, 2020 to June, 2020), was also Member of the Fiscal Council and the Board of Directors of CELESC S.A. (2016 to 2018) and Member of the Fiscal Council of ETERNIT (2018 to 2019).
Daniel Alves FerreiraElected by the Preferred Share Minority Shareholders | Holder Member
Mr. Daniel Alves Ferreira is associate lawyer at the Alves Ferreira and Mesquita Law Firm since 04/2018. Partner lawyer of the MPAE Office, having worked in the areas of Mass Litigation and Capital Markets. He has been a member of Petrobras’ Fiscal Council since April 2018. He was a member of the Board of Directors (2016-2018) and the Corporate Governance Committee (2018) of CEMIG. He participated in the Conference on Civil Procedural Law by the Institute of Lawyers of São Paulo (IASP), Aspects of Reform of the Code of Civil Procedure, Stable Union, Amendments to the Code of Civil Procedure, all by the IASP.
Sérgio Henrique Lopes de SousaElected by the Union | Holder Member
Sérgio Henrique Lopes de Sousa, graduated in Naval Sciences from the Naval School, specializing in International Management and holds an MBA in Business Management from COPPEAD/UFRJ Institute. Holds a master’s degree in Production Engineering from Universidade Federal Fluminense (UFF). Holds a master’s of Science degree in “National Resource Strategy” by the National Defense University (NDU) in Washington, DC and Doctorate degree in Naval Sciences by the School of Naval Warfare. Captain of the Sea and War of the Navy Steward Corps, in addition to having served as Director and Deputy Director of administrative units, he has performed, for about 37 years of service for the Navy, multiple activities related to budgetary and financial planning and execution, logistics and internal control. He is Head of Special Internal Control Advisory at the Ministry of Mines and Energy, Member of the Fiscal Council of the Empresa Brasileira de Administração de Petróleo e Gás Natural S.A. – Pré-Sal Petróleo S.A. (PPSA).
Gildenora Batista Dantas MilhomemElected by the Union | Alternate Member
Ms. Gildenora Batista Dantas Milhomem has been a Federal Auditor of Finance and Control of the National Treasury Department since February 8, 1994. She completed her Bachelor of Science in Accounting in 1988, with a Postgraduate Degree in Public Administration – CIPAD, level of specialization – EBAPE / Fundação Getúlio Vargas, completed in 2007. Deputy Secretary of Public Accounting – NATIONAL TREASURY DEPARTMENT, from June 03, 2015 to the present date. Member of the Advising Group of Brazilian Accounting Standards Technical of the Public Sector (GA NBC TSP), of the Federal Accounting Council, as representative of the National Treasury Department, from 2015 to the present date; Chairman of the Board of Directors of the Assefaz Foundation (2016 to 2019); Member of the Fiscal Council of the Asset Management Company – EMGEA, as representative of the National Treasury Department (20 15 to 20 17); Member of the Fiscal Council of the Brazilian Petroleum and Natural Gas Administration S.A. – PréSal Petróleo S.A. – PPSA, as representative of the National Treasury Department (2015 to 2018).
Jairez Elói de Sousa PaulistaElected by the Union | Alternate Member
Mr. Jairez Elói de Sousa Paulista is Business Administrator; Systems Analyst; Specialist in Human Resources Development and Master in Public and Business Management, Fundação Getúlio Vargas – FGV. He has a degree in Executive Development by IDORT/SP; in addition to several training courses in various areas of General Administration such as organization, systems and methods, administrative modernization, strategic planning, financial and budgetary administration, logistics, people management, project management, ethics management, general ombudsman, controls administrative and conflict of interests, and quality management, among others. He is currently General Coordinator of Strategic Planning, Supervision and Management Evaluation of the Ministry of Mines and Energy. He has over 30 years of public management services – in the MME alone for more than 26 years – and has, over that time, held several positions of advising and managing intermediate and higher levels of coordination, supervision and direction in all segments of activities, such as: Coordinator of Management areas; General Coordinator of Human Resources; Deputy Secretary for Administrative Affairs; Deputy Secretary of Planning, Budget and Administration; Advisor to the Minister of State; as well as a member of Fiscal Council – both effective and deputy – of State Companies.
José Franco Medeiros de MoraisElected by the Union | Holder Member
Mr. José Franco Medeiros de Morais is an economist. He is currently the National Treasury’s Undersecretary of Public Debt. He was a Consultant in Public Debt Management, Capital Markets and Fiscal Risks of the World Bank and the IMF between the years of 2008 and 2015. He holds a degree, a master’s degree, and a doctorate in economics by the University of Brasília. He was Professor of Economics and Finance at the IBMEC-DF, FGVDF, ESAF-DF, Faculdades Integradas do Planalto Central. José Franco was a member of the fiscal councils of the following companies: Engepron (2006 to 2008), BB BI (2012 to 2014), BB Administradora de Cartões (2008 to 2012), BB DTVM (2014 to 2017), TERRACAP (2016 to 2017) e BNDESPar (2017 to 2018).
Marcelo Gasparino da SilvaElected by the Common Share Minority Shareholders | Holder Member
Mr. Marcelo Gasparino da Silva is Chairman of the Board of Directors and member of the Board of Directors and Fiscal Council, coordinator and member of committees of finance, auditing, risks, legal, compliance and related parties in publicly-held companies. He is a Lawyer Specialist in Corporate Tax Administration by ESAG and MBA in Controlling, Auditing and Finance (attending). He is Chairman of the Board of Directors of ETERNIT (2017-2019), Member of the Board of Directors of CEMIG (2016-2019), CELESC (2018-2019) and KEPLER WEBER (2017-2019), and member of the Fiscal Council of BRASKEM (2018-2019). He was Chairman of the Board of Directors of Usiminas (2015-2016) and a member of the board of directors of Bradespar (2015-2016), Battistella (2016-2017), Celesc (2011-2014), Eletrobras (2012-2014 and 2016), Tecnisa (2012-2014) and Vale (2016-2017), in addition to Usiminas itself (2012-2016). He was member of the Fiscal Council of Bradespar (2014-2015), AES Eletropaulo (2012-2013), AES Tietê (2013-2014), and Eletrobras (2014-2015). He was Chairman of the Stakeholders Committee and member of the Audit Committee of Eletropaulo(2017-2018), and member of the Finance, Audit and Risk Committee of CEMIG (2017-2018). He was Coordinator of the Legal and Compliance Committee of ETERNIT (2015-2017), Eletrobras’ Audit Committee (2013-2014 and 2016), and Celesc’s Legal and Audit Committee (2012-2014). He began his executive career as Legal and Institutional Director of CELESC (2007-2009). He participates in the CEO Program FGV2016 (IBE / FGV / IDE). He attended the Executive Program on Mergers and Acquisitions at London Business School, and attended specific courses in the financial and strategic areas at the IOD-Institute of Directors in London. He is co-founder and Coordinator of the Santa Catarina Chapter, Certified Board of Administration Member, and has a set at the IBGC Board of Directors. He is a member of the AMEC’s Technical Committee and the IBGC’s Legal Committee and Mixed Economy Companies Committee. He lectures on Board of Directors at the Corporate Governance Course of the ENA Brazil Government School Foundation. He has solid training in Corporate Governance, and experience in boards of directors and fiscal councils. He has helped IBGC and to AMEC with preparing the Brazilian Corporate Governance Code – “CBGC,” and with implementing it as a working tool in all companies in which he works, particularly regarding the “APPLY OR EXPLAIN” model, a system that recognizes the practice of corporate governance is a journey and should not be translated into a rigid model of regulation that applies equally to all companies. In March 2018, he attended the IIC Spring Conference organized by the Council of Institutional Investors, Whashington/USA, and spoke to The Emerging Markets Investors Alliance on the topic Corporate Governance in Brazil: the impetus for reform” in New York/USA.
Paulo Roberto Evangelista de LimaElected by the Common Share Minority Shareholders | Alternate Member
Paulo Roberto Evangelista de Lima, Brazilian, Administrator, M.B.A Training for Senior Executives at Banco do Brasil, Fundação Dom Cabral; Lato Sensu Post Graduate Degree in Financial Administration, IBMEC; Specialization Degree in Business Management, Fundação Dom Cabral; Course of Corporate Governance, USP. BANCO DO BRASIL S.A.: Team Coordinator at the State Superintendence of Goiás (1991-1994); Deputy State Superintendent of the Superintendence of Goiás (1994-1995); Regional Superintendence in Goiânia, Sorocaba and São Paulo (1995-1999); Executive Manager of the Controllership Board (1999-2000); Executive Manager of the Internal Controls Board (2000-2007); Interim Officer of Internal Controls (October to December 2005); Officer of Internal Controls (05/2007-07/2010); Risk Management Officer (07/2010-01/2012); Member of the Supervisory Committee of Banco do Brasil in Japan (05/2008-07/2010); Board Member of Banco do Brasil Securities -New York and London (08/2010-01/2012); Member of the Technology Committee of Banco do Brasil (08/2007-01/2012); Coordinator of the Risk Committee of Banco do Brasil (07 / 2010-01 / 2012); Board Member since April 2019; Member of the People, Compensation and Eligibility Committee -Corem -since May 2019; Member of the Risk and Capital Management Committee since September 2019.BANCO DE BRASILIA S.A.: Chairman of Banco de Brasília S.A. (01/2013-10/2014); Member of the Board of Directors of Banco de Brasília S.A. (01/2013-10/2014); Chairman of the Board of Directors of Cartão BRB S.A. (01/2013-10/2014); Coordinator of the Technology Committee of Banco do Brasília S.A. (01/2013 -10/2014). Member of the Fiscal Council of Rio Grande Energia in Porto Alegre (05/2000-04/2001); Member of the Fiscal Council of CPFL Distribuição e CPFL Geração (04/2002-04/2004); Board Member of Celesc –Centrais Elétricasde Santa Catarina S.A. (05/2008-04/2012),where he was also responsible for the coordination of the Legal and Audit Committee; Member of the Fiscal Council of Caixa de Previdência dos Funcionários do Banco do Brasil –PREVI –(07/2002-05/2004); Member of the Fiscal Council of Caixa de Assistência dos Funcionários do Banco do Brasil -Cassi -(02/2010-05/2012); Board Member of Cadan –RJ –(04/2002-04/2003); Member of the Fiscal Council of Distribuidora de Produtos de Petróleo Ipiranga S.A. (04/2004-04/2006); Member of the Fiscal Council of Cecrisa Revestimentos Cerâmicos S.A. (09/2016-07/2019). Member of the Fiscal Council of Usinas Siderúrgicas de Minas Gerais S.A. –Usiminas –(11/2016-04/2018), working as Presidentof the Fiscal Council from 10/2017 to04/2018; Member of the Operational Risk Commission of CIP –Câmara Interbancária de Pagamentos –representing Banco do Brasil S.A. (01/2004-07/2007). Member of the Supervisory Committee of Fundo Garantidor de Crédito –FGC –(09/2007-01/2012); Member of the Risk Committee of Federação Brasileira de Bancos –Febraban –(07/2010-01/2012); Sitting Member of the Compliance Committee of FEBRABAN –(12/2007-01/2012); Member of the Fiscal Council certified by the Institute of Corporate Governance -IBGC (10/2016). Shareholding Partner to provide consultancy and advisory services in the acquisition process of part or all of the capital of a Financial Institution authorized to operate by the Central Bank of Brazil together with JL RODRIGUES, CARLOS ÁTILA & CONSULTORES ASSOCIADOS S/S –(03/2015-12/2017).Independent member pursuant to criteria set forth in article 18, paragraph 5 of the Company’s Bylaws.
Alan Sampaio SantosElected by the Union | Alternate Member
Alan Sampaio Santos holds a B.A. in Law, a B.S., in System Analysis by PUC/RJ, graduated as Artillery Officer by the Academia das Agulhas Negras and in Physical Education by the Army Physical Education School. Master in Defense, Security, Integral Defense and Integration, Institute of High Studies and National Defense – IAEDEN, Caracas/Venezuela, Master’s degree in Military Sciences – School of Command and General Staff of the Army and Master in Sports Training from Gama Filho University. Special Advisor to the Minister of Mines and Energy (2018/2019). Officer in the Army Commander’s Office (2004/2005 and 2013/2015). Head of the Public Relations Section of the Army’s Social Communication Center (2011). Social Communication Officer for the Brazilian Battalion in Haiti (2009). Commander of the 11th Field Artillery Group (2007/2008). Military Advisor to the United Nations, in East Timor (2006).
It comprises of a chairman and seven executive directors elected by the Board of Directors, with a term of up two years, with a maximum of three consecutive reelections permitted, and may be dismissed at any time. Among the members of the Executive Board, only the president is a member of the Board of Directors without, however, presiding over the body.
Roberto da Cunha Castello BrancoCEO
Roberto Castello Branco is the Chief Executive Officer (CEO). He holds a bachelor’s degree in economics, with a doctorate from Fundação Getulio Vargas (FGV EPGE) and a postdoctoral degree from University of Chicago. He participated in executive training programs at Sloan School of Management (MIT) and International Institute for Management Development (IMD). He is affiliated professor at EPGE (FGV), also acting as director at Centro de Estudos em Crescimento e Desenvolvimento Econômico in this institution. Previously, he was a director at Vale S.A., Banco Central do Brasil, Banco Boavista, Banco Boavista Investimentos and Banco InterAtlântico. He was a member of Petrobras´ Board of Directors between May 2015 and April 2016, GRU Airport and Invepar, as well as a member of the Board of Directors of ABRASCA, Director of the American Chamber of Commerce (RJ) and a member of the Board of Directors of IBEF and Board of Curators of FGV.
Andrea AlmeidaChief Financial and Investor Relations Officer
Andrea Almeida is Chief Financial and Investor Relations Officer. Andrea is a Production Engineer, with an MBA in Finance from IBMEC-RJ and an MBA in management from USP, as well as management courses at the Wharton School of Finance and Sloan School of Management (MIT). Worked in Vale S.A. for 25 years with extensive experience in Corporate Finance, Global Treasury and Risk Management. She was CFO of Vale Canada in Toronto from 2015 to 2018, most recently holding the position of Global Treasury Executive Manager at Vale.
Anelise Quintão LaraChief Refining and Natural Gas Executive Officer
Anelise Lara holds a degree in chemical engineering from the Federal University of Minas Gerais, with a master’s degree in petroleum engineering from the Federal University of Ouro Preto and a PhD. in Sciences de la Terre by the Université Pierre et Marie Curie, in France. She holds an MBA in executive management from IBMEC and in advanced business management by COPPEAD. She has been with Petrobras for more than 30 years and has held several management positions in the areas of research, reservoir engineering and pre-salt project development. Since May 2016 she has held the position of Executive Manager of Acquisitions & Divestments. She chaired the Brazil Section of the Society of Petroleum Engineers (SPE), was a member of the Board of SPE International until 2017, and is currently a member of the IBP Diversity Committee, having participated in its creation in 2018.
Carlos Alberto Pereira de OliveiraChief Exploration and Production Executive Officer
Carlos Alberto Pereira de Oliveira is the Chief Exploration and Production Executive Officer. He holds a degree in Mechanical Engineering from the Military Institute of Engineering, and Business Administration from the Federal University of Rio de Janeiro. He holds a master’s degree in Finance and Investment Analysis from the Pontifical Catholic University of Rio Janeiro. He has been with Petrobras for 38 years and has held several executive positions in the Exploration and Production area linked to the senior management of the Petrobras System companies.
André Barreto ChiariniChief Trading and Logistics Officer
André Chiarini had been the Petrobras CEO´s advisor for logistics since November 2019. He was a founding partner and Chief Officer of Infra Partners Investimentos em Logística, has more than 20 years of a career in Logistics, working at the head of operations, planning, business development, and corporate functions, in several countries. In addition to founding 3 other companies, he was Chief Planning and Logistics Development Officer at Vale, Chief International of Shared Services Officer (based in Switzerland at Vale International), Chief Electronics and Consumer Goods Officer at TNT Logistics and Senior Associate at the Operations Competency Center at Booz & Co.
André is a chemical engineer by UFRJ and Master in Business Administration by COPPEAD/UFRJ, with interchange at the Master of International Management (MIM) of AGSIM/Thunderbird. He has participated in executive training programs at Sloan School of Management (MIT), IMD, Chicago Booth and University of Michigan Business School.
Marcelo Barbosa de Castro ZenknerChief Governance and Compliance Executive Officer
Marcelo Zenkner holds a BA. in Law from the Federal University of Juiz de Fora
(UFJF), specializing in Civil Procedural Law from the Catholic University of
Petrópolis (UCP), Master in Fundamental Constitutional Rights and Guarantees
from the School of Law of Vitória (FDV) and PhD. in Public Law, from the
Universidade Nova de Lisboa (FDUNL). He worked as Public Prosecutor, member of the Prosecution Service of the State of Espírito Santo from 1997 to January 2019, where he held multiple roles in the fight against corruption and organized crime. Up until April 2016, he held the position of Secretary of State for Control and Transparency of the State of Espírito Santo, the first state in Brazil to create an administrative structure and to apply administrative sanctions based on the Corporate Anti-Corruption Law and awarded by the Office of Comptroller General with first place in compliance with the access to Information Law (2015) and by the Federal Prosecution Service with first place in the ranking of the best transparency websites in Brazil (2015). From February 2019 to August 2019, he held the position of CEO Consultant and member of the Petrobras Disciplinary Actions Committee, an internal body of the company’s Integrity System and directly linked to the Board of Directors. Since September 2019, he has held the position of Chief Governance and Compliance Officer of Petrobras. Marcelo Zenkner is an associate professor at the Vitória Law School (FDV), in addition to performing academic activities in other foreign and local institutions, including the Universidade Nova de Lisboa (FDUNL) and the Getúlio Vargas Foundation (FGV), among others. He has published several books and received awards such as “Top of Mind 2016” – Public Authority by LEC – Legal, Ethics and Compliance.
Nicolás SimoneChief Digital Transformation and Innovation Executive Officer
Nicolás Simone is a Software and Systems Engineer from O.R.T University – Uruguay, with extensive international experience and knowledge of information technology, digital transformation, cyber security, AI, omnichannel, CRM, innovation, sales, logistics, process reengineering, large projects, shared services center (SSC) and industry 4.0. He has led transformational global projects, M&A processes, implemented management systems such as SAP/ERP, outsourcing and off shoring models, sales systems, among others, always focusing on innovation and adding value to the business. He has held leadership positions in large companies such as Itaú-Unibanco, Lojas Renner, ABInBev and Grupo Boticário, with a strong business expertise in industry, consumer goods, retail and financial market segments. His focus is to act with empathy and systemic vision of the business to achieve results and exceed expectations with added value.
At the digital transformation front, he is very knowledgeable in transforming and connecting business and analog processes into digital according to the characteristics of each organization, implementing different methodologies to define and lead this cultural change in partnership with areas and business units.
With extensive experience and focus on innovation, he has transformed IT areas from a traditional to a bimodal format in order to add value to the business, structuring innovation labs with co-working areas and enabling partnerships with startups to incubate solutions using methodologies such as Design Thinking, Agile, Devops, and others to enhance end-user experience, adaptability, and interaction to reduce lead times. Throughout his career, he has published numerous articles, given lectures and interviews about the journey for digital transformation, innovation, ecosystem creation, and how to transform traditional IT into value-adding IT. His work has been recognized by several awards: CIO Executive Award in the Consumers Goods Category; CIO Executive Award in Retail; and in 2017 he published a paper that was a global case about how to transform the CIO and IT roles into Value Added entities strengthening the business collaboration.
Roberto Furian ArdenghyChief Institutional Relations Executive Officer
Roberto Ardenghy holds a B.A. in Law from the Federal University of Santa Maria and holds graduate degrees in International Relations and Diplomacy, from the Diplomatic Academy of Rio Branco Institute, and Economics of Oil and Gas, from COPPE at the Federal University of Rio de Janeiro. Along his professional diplomatic career, he has held a number of positions in the Federal Government in Brasília, in the Civil Affairs of the Presidency of the Republic and in the Ministries of Foreign Affairs, Justice, Development, Industry and Trade, the Federal Administration Secretariat and the Brazilian Embassies in Washington and Buenos Aires. In the period from 2002 to 2007, worked as Chief of Staff, President of the Ethics Committee and Head of Downstream at the National Petroleum Agency – ANP. From 2007 to 2011, he served as Corporate Relations Manager at BG E&P Brasil. He was a member of the Upstream Committee of the Brazilian Petroleum Institute and Director of the American Chamber of Commerce of Rio de Janeiro – AmCham Rio. Roberto Ardenghy was a deputy professor of International Law at the Cândido Mendes School, Ipanema Campus, and for the graduate courses in oil at the Brazilian Petroleum Institute and the COPPE-Federal University of Rio de Janeiro. He returned to the Federal Government in 2012 and was transferred to Houston as Deputy Consul General and Head of the Department of Trade and Investments Promotion. He was also Honorary President of the Brazil-Texas Chamber of Commerce (BRATECC) and Deputy Consul General at the Brazilian Consulate General in New York from May 2017 to January 2019. Since then, he has held the position of Chief of Staff of the CEO Office at Petrobras.
Rudimar Andreis LorenzattoChief Production Development Executive Officer
Rudimar Andreis Lorenzatto is the Chief Production Development Executive Officer. He holds a degree in Civil Engineering from the University of Santa Maria in Rio Grande do Sul, and a MBA from Getúlio Vargas Foundation and other institutions abroad. He has been with Petrobras for more than 30 years, having held multiple management positions in well construction, production operations and subsea systems areas.
Board of Directors Committees
The Board of Directors will have 6 (six) Advisory Committees, with specific duties of analysis and recommendation on certain matters, directly linked to the Board: Investment Committee; Audit Committee; Audit Committee of the Petrobras Conglomerate of Companies; Committee on Health, Safety and Environmental Committee; People and Minority Committees. The purpose of these committees is to advise the Board in the fulfillment of its responsibilities of guidance and superior management of the Company.
Statutory Technical Committee
The Executive Board will rely on the Statutory Technical Committee on Acquisitions & Divestments for advice.
Executive Board members will rely on seven (7) advising technical committees composed of executive managers, whose specific duties are to analyze and issue recommendations on specific subjects:
- Statutory Technical Committee on Corporate Affairs
- Statutory Technical Committee on Production & Technology Development
- Statutory Technical Committee on Strategy, Organization & Management System
- Statutory Technical Committee on Exploration & Production
- Statutory Technical Committee on Finance and Investor Relations
- Statutory Technical Committee on Governance and Compliance
- Statutory Technical Committee on Refining & Natural Gas
Statutory Technical Committee composition and operating rules will be governed by statutes to be approved by the Board of Directors.
Deliberative and Advisory Committees
The Executive Board may create committees with delegated powers that are subordinated either to this body or directly to one of its members. Committees may be deliberative or advisory in nature, and their purpose is to assist the Executive Board in fulfilling its duties and responsibilities. Those committees are composed of managers from different areas within the company, to ensure a multidisciplinary perspective in the analyses and discussions of topics as well as in the decision-making process. Committee composition and operating rules will be governed by statutes to be approved by the Executive Board and submitted to the Board of Directors.
Deliberative and advisory committees may constitute commissions and work groups with primarily tactic and operating activities, to support them in the performance of their duties.