--- title: "Brazil's Braskem elects Petrobras CEO as new chair, reports Folha" type: "News" locale: "en" url: "https://longbridge.com/en/news/284661248.md" description: "Brazilian petrochemical firm Braskem has elected Magda Chambriard, CEO of state-run oil company Petrobras, as its new chairperson during a recent board election. This decision was reported by local newspaper Folha de S. Paulo, although neither Braskem nor Petrobras provided immediate comments on the matter." datetime: "2026-04-29T23:39:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284661248.md) - [en](https://longbridge.com/en/news/284661248.md) - [zh-HK](https://longbridge.com/zh-HK/news/284661248.md) --- # Brazil's Braskem elects Petrobras CEO as new chair, reports Folha SAO PAULO, April 29 (Reuters) - Shareholders from Brazilian petrochemical firm elected on Wednesday a new board of directors, which included Magda Chambriard, chief executive at state-run oil company Petrobras, as chair, local newspaper Folha de S. Paulo said, citing sources. Braskem ( BAK ) and Petrobras did not immediately reply to requests for comment. (Reporting by Fernando Cardoso; Editing by Jacqueline Wong) ### Related Stocks - [BAK.US](https://longbridge.com/en/quote/BAK.US.md) - [PBR.US](https://longbridge.com/en/quote/PBR.US.md) - [PBR.A.US](https://longbridge.com/en/quote/PBR.A.US.md) ## Related News & Research - [Petrobras-Pemex partnership could extend beyond upstream, executive says](https://longbridge.com/en/news/286935270.md) - [Key facts: Petrobras Joins Fuel Subsidy; MoU with Saipem on Subsea Work](https://longbridge.com/en/news/287208948.md) - [Petrobras Posts Higher Assets but Rising Short-Term Debt in Q1 2026 Interim Figures](https://longbridge.com/en/news/286123873.md) - [UK REEVES REFORMS TAX ON FOREIGN OIL AND GAS FIRMS](https://longbridge.com/en/news/287213345.md) - [Brazil refinery to decide in June on $1 billion investment in biofuel unit](https://longbridge.com/en/news/286937575.md)