Jair Bolsonaro dismisses the president of Petrobras (PETR3; PETR4) with a post on Facebook

President Jair Bolsonaro announced today, February 19, 2021, in a Facebook post, the resignation of Petrobras President Roberto Castello Branco.

General Joaquim Silva and Luna will take over from Castello Branco, according to Bolsonaro's post.

According to the Website G1, the replacement will only be realized after the approval of the Board of Directors of Petrobras. The state reported that the board has ordinary meeting scheduled for next Tuesday (23) - the agenda of the meeting was not disclosed.