Pedro Parente

Pedro Pullen Parente (born February 21, 1953 in Rio de Janeiro) is a Brazilian engineer, politician and administrator, former president of the state oil company Petrobras.[1]

Pedro Parente
President of Petrobras
In office 1 June 2016 – 1 June 2018
Appointed by	Michel Temer
Preceded by	Aldemir Bendine
Succeeded by	Ivan Monteiro
Chief of Staff of the Presidency
In office 1 January 1999 – 1 January 2003
President	Fernando Henrique Cardoso
Preceded by	Clóvis Carvalho
Succeeded by	José Dirceu
Minister of Mines and Energy Acting
In office 8 March 2002 – 3 April 2002
President	Fernando Henrique Cardoso
Preceded by	José Jorge
Succeeded by	Francisco Gomide
Minister of Planning, Budget and Management Acting
In office 6 May 1999 – 18 June 1999
President	Fernando Henrique Cardoso
Preceded by	Paulo de Tarso
Succeeded by	Martus Tavares
Personal details
Born	Pedro Pullen Parente 21 February 1953 Rio de Janeiro, RJ, Brazil
Spouse(s)	Joana Henning Generoso Parente
Alma mater	University of Brasília (UnB)
Occupation	Engineer, administrator

History

Born in a family with great political connections,[2] Pedro Parente started his career in the public administration at 20 years old while studying to receive his bachelor's degree in Electronic engineering. He was moved from the Bank of Brazil to the Ministry of Planning of Andrea Calabi, under request of his executive secretary João Sayad, to help create the Secretary of National Treasury. Years later, he worked in the governments of José Sarney and Fernando Collor de Mello until he played greater roles during the administration of Fernando Henrique Cardoso.[3]

Under Cardoso's presidency, Parente became Chief of Staff from January 1, 1999 to January 1, 2003, Minister of Planning, Budget and Management from May 6 to July 18, 1999, executive secretary of the Ministry of Finance and also accumulated the position of Minister of Mines and Energy in 2002. During that time he was known as "blackout minister", for being the coordinator of the crisis management team during the power outages that happened in that very year.[4] He left the public administration for the private sector once Luís Inácio Lula da Silva came to office and was appointed as vice-president of the Brazilian media conglomerate RBS group, until accepting, in 2010, the position of CEO and president of Bunge Brazil, one of the biggest trading companies in the world, which made its sugar and alcohol productions assets available for sale to concentrate on more profitable operations in grains, seeds oils and processed foods.[5][6]

On 19 May 2016, Parente was appointed by then acting president Michel Temer to the office of president of Petrobras.[7] His name was submitted and approved by the Administrative Council of the company, an essential requirement to take office.[8] He was sworn in on June 1, 2017.[9]

On 1 June 2018, after a week long trucker's strike against fuel prices, Parente resigned from the presidency of Petrobras.[10]

References

1. "Mudança na nossa administração" (in Portuguese). Petrobras. 1 June 2018. Retrieved 1 June 2018.
2. "Plenary Session 106.4.54.O" (in Portuguese). Brazilian Chamber of Deputies. 25 April 2014. Retrieved 3 June 2018.
3. "Who is Pedro Parente, the new chairman of Petrobras?" (in Portuguese). Exame. 4 April 2017. Retrieved 3 June 2018.
4. "Parente assume "ministério do apagão"" (in Portuguese). Folha de S. Paulo. 11 May 2001. Retrieved 26 November 2017.
5. "Bunge to crush Brazil sugar cane at full capacity by 2014". Reuters. 22 August 2012. Retrieved 26 November 2017.
6. "Bunge caminha para vender ativos no Brasil, diz Parente" (in Portuguese). Jornal Cana. 25 April 2014. Retrieved 26 November 2017.
7. "Brazil's Petrobras gets new boss". BBC. 20 May 2016. Retrieved 26 November 2017.
8. "Petrobras confirms Parente as new CEO". Offshore Energy Today. 31 May 2016. Retrieved 26 November 2017.
9. Parra-Bernal, Guillermo (2 June 2017). "Petrobras CEO Parent returns to fix company again". Reuters. Retrieved 26 November 2017.
10. Cruz, Valdo (1 June 2018). "Pedro Parente pede demissão da Petrobras" (in Portuguese). G1. Retrieved 18 November 2018.