September 24, 2013
Brazil's OGX has chosen Paulo Simoes Amaral as CFO and investor relations d
Brazil's OGX has chosen Paulo Simoes Amaral as CFO and investor relations director, the Eike Batista oil company says. Amaral was previously CFO at Brasil Telecom. The move follows last week’s removal of Roberto Bernardes from the position, as OGX discusses restructuring options with holders of its $3.6bn in USD debt. Bondholders have hired Rothschild to advise on restructuring talks, while OGX has hired Blackstone Group and Angra Partners.