Petrobras Gets Exploration Champion Loyal to Lula as New CEO
The new chief executive officer of Petrobras is an oil-industry veteran with tight ties to Brazilian President <-bsp-person state="{"_id":"0000018f-7e30-de3b-adcf-feb30d090000","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Luiz Inacio Lula da Silva-bsp-person>and a history of pushing for the types of massive investment projects that spook shareholders worried about overspending.