The Board of Directors of PPSA (Pré-Sal Petróleo) elected this Monday, the 24th, Luis Fernando Paroli as the company’s new CEO. The executive will take office on April 1st. Paroli also joins the company’s Board of Directors, which is made up of six more members. 

The Executive Board also includes Samir Awad, as Director of Administration, Finance and Commercialization, Evamar José dos Santos, as Director of Contract Management, and Tabita Loureiro, as Technical Director. 

Paroli has almost 20 years of experience managing large national companies in the electricity generation, transmission, distribution, and marketing segment. Until last year, he served as CEO of ENBpar – Empresa Brasileira de Participações em Energia Nuclear e Binacional. He was also CEO of Grupo Light, Director of Cemig and Eletrobras/Furnas Centrais Elétricas and member of several Boards of Directors in the electricity sector. The executive holds a Bachelor’s degree in Computer Science and Computer Systems Analysis from the Pontifical Catholic University of Minas Gerais. 

PPSA is a company linked to the Ministry of Mines and Energy, which operates on three fronts: management of production sharing contracts, representation of the Federal Government in production individualization agreements involving non-contracted areas and marketing of the Federal Government’s shares of oil and natural gas in these contracts.