Jean Paul Prates

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Jean Paul Terra Prates (born 19 June 1968) is a Brazilian lawyer, economist, environmentalist, entrepreneur, union leader and politician from the Workers' Party. He was Minority Leader of the Federal Senate from 4 February 2021[2] until 26 January 2023 when he resigned from the Senate to become CEO of Petrobras.[1] He remained in charge of the company until his dismissal on 14 May 2024.[3] He was dismissed a day after Petrobras's profit in the first quarter of 2024 was revealed, showing a 38% diminishing in comparison with the same period in the previous year, at R$24 billion ($ 4.6 billion), below market expectations. Prates attributed his ouster to "intriguing" within the government, after having clashed before with Mines and Energy minister Alexandre Silveira, with whom he disputed over the state oil company's policies, and reportedly having dissatisfied President Lula.[4][5]

Jean Paul Prates
CEO of Petrobras
In office
26 January 2023 – 14 May 2024
PresidentLuiz Inácio Lula da Silva
Preceded byCaio Paes de Andrade
Senator for Rio Grande do Norte
In office
1 January 2019 – 26 January 2023[1]
Preceded byFátima Bezerra
Succeeded byTheodorico Netto
Personal details
Born (1968-06-19) 19 June 1968 (age 55)
Rio de Janeiro, Brazil
Political partyPT (2013–present)
Alma materRio de Janeiro State University
ProfessionLawyer and economist

References edit

  1. ^ a b "Jean Paul Prates, indicado para comandar Petrobras, renuncia ao mandato de senador". Valor Econômico (in Brazilian Portuguese). 26 January 2023. Retrieved 2023-01-26.
  2. ^ "Brazil's Senate wants to tackle fuel prices". MercoPress. Retrieved 2022-09-02.
  3. ^ "Lula demite Jean Paul Prates, presidente da Petrobras". G1 (in Brazilian Portuguese). 2024-05-14. Retrieved 2024-05-15.
  4. ^ "Brazil's Petrobras reports worse-than-expected 38% drop in first quarter profit". Reuters. 2024-05-13. Retrieved 2024-05-15.
  5. ^ "Prates é demitido da Petrobras. Entenda a crise que levou à troca no comando da estatal". O Globo (in Brazilian Portuguese). 2024-05-13. Retrieved 2024-05-15.


External links edit

Business positions
Preceded by CEO of Petrobras
2023–2024
Succeeded by
TBD