Petrobras names interim CEO

Jan. 4, 2023
Caio Mário Paes de Andrade's CEO term has been terminated early, Jean-Paul Terra Prates has been nominated for the position, and João Henrique Rittershaussen has been named interim CEO.

Offshore staff

RIO DE JANEIRO  Petrobras received a letter from the Ministry of Mines and Energy Jan. 4 informing the company that Jean-Paul Terra Prates will be nominated for the position of CEO and member of the board of directors of Petrobras.

The nomination, once effective, will be submitted to the internal governance process for the analysis of the legal, management and integrity requirements and subsequent manifestation of the Eligibility Committee.

Petrobras approved the early termination of Caio Mário Paes de Andrade's term as CEO of Petrobras, effective Jan. 4. He resigned as member of the company's board of directors the same day.

Due to the vacancy of the position, the chairman of the board of directors nominated the Chief of Production Development Officer João Henrique Rittershaussen as interim CEO of the company, until the election and inauguration of a new CEO.

Click here to read insights and a company outlook from Petrobras Interim CEO João Henrique Rittershaussen, based on a recent interview with Offshore. 

Rittershaussen has a degree in electrical engineering from the Federal University of Minas Gerais, and in petroleum engineering from Petrobras, with an MBA in business management from Coppead, and an Advanced Management Program from Insead (Institut Européen d'Administration des Affaires) in France.  He has been working at Petrobras for 35 years, holding several managerial positions. He served as executive manager, occupying the executive management of surface systems and in November 2018 became executive manager of surface systems, refining, gas and energy, an area responsible for the construction of the company's new assets in the E&P and RGN areas.