tiprankstipranks
Company Announcements

Petrobras Announces Resignation of Board Member

Story Highlights
  • Petrobras’ Board member Marcelo Gasparino da Silva resigned effective March 20, 2025.
  • The Board will appoint a substitute until the General Shareholders’ Meeting on April 16, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Petrobras Announces Resignation of Board Member

Discover the Best Stocks and Maximize Your Portfolio:

Petroleo Brasileiro SA- Petrobras ( (PBR) ) has provided an announcement.

On February 20, 2025, Petrobras announced the resignation of Mr. Marcelo Gasparino da Silva from the company’s Board of Directors, effective March 20, 2025. The company has outlined its procedure for appointing a substitute, which involves the Board of Directors making an interim appointment until the next General Shareholders’ Meeting scheduled for April 16, 2025. This development is part of Petrobras’ ongoing governance adjustments and may have implications for its leadership structure, impacting strategic decisions and stakeholder interests.

More about Petroleo Brasileiro SA- Petrobras

Petrobras, or Petróleo Brasileiro S.A., is a prominent player in the petroleum industry, based in Brazil. The company primarily focuses on the exploration, production, refining, marketing, and transportation of oil and gas products, positioning itself as a key entity in the global energy market.

YTD Price Performance: 12.01%

Average Trading Volume: 13,934,968

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $90.34B

For detailed information about PBR stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1