June 1, 2018 / 4:19 PM / a year ago

Petrobras board to meet at 4 on Friday to discuss CEO successsion-source

RIO DE JANEIRO, June 1 (Reuters) - The board of Brazilian state-controlled oil giant Petroleo Brasileiro was set to meet at 4 p.m. (1900 GMT) on Friday to discuss succession plans after CEO Pedro Parente tendered his resignation, a company source said.

Parente, who made control of fuel prices a condition of taking the top job in 2016, announced his departure earlier on Friday, a move that came after the government intervened to reduce diesel prices to resolve a nationwide trucker strike. (Reporting by Marta Nogueira Editing by Frances Kerry)

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