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Bullboard - Stock Discussion Forum Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."

GREY:HRTPF - Post Discussion

Petro Rio S.A. > Nelson Tanure is the new scissors HRT
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Post by Debora on Apr 04, 2014 3:31pm

Nelson Tanure is the new scissors HRT

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
Comment by NorthSun on Apr 04, 2014 3:38pm
This post has been removed in accordance with Community Policy
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