Petro Rio S.A. HRTPF

Nelson Tanure is the new scissors HRT

[Debora]

RIO DE JANEIRO, BRAZIL _ The new management of the oil company HRT will please even the most aggressive minority shareholder , who have to reduce consumption of paper clips on and off all lights after the end of the workday . The proposal submitted by management to the meeting on the 30th is a proof of shearing imposed by businessman Nelson Tanure . If in 2013 the 11 members of the board had a gain of US$ 2,052,929 will now pay US$ 147,275 in 2014. Even with the reduction to seven counselors , the average compensation reveals the devastating cost management and stewardship . In the past , the board of HRT came to hold meetings in faraway Namibia instead of using its registered office in Copacabana in Rio in 2013. The monthly average was US$ 15,217; this year will be modest US$ 1,740. The reduction comes at a good time . The BNDES, for example , the largest development bank in the world with more financing to $ 70 billion , paid US$ 2,830 each adviser who makes strategic decisions for the country with great impact on the public sector and private companies . The executive officers of HRT , likewise coexist with lower wages , consistent with the reality of a company that needs to generate wealth for its shareholders . Tanure warned for administrators : no more space to high gains in the new HRT or superfluous spending. BLACK GOLD BLOG by Paulo Roberto Cunha