Brazilian petrochemical maker Braskem SA has named Newton de Souza as its new temporary chairman, after its current chairman was arrested for alleged involvement in a corruption scheme.
De Souza replaces Marcelo Odebrecht, CEO of construction company Odebrecht SA, who was arrested last month for alleged involvement in a kickback scheme at Brazilian state-run oil company Petrobras.
Odebrecht, 46, has been chairman of the board at Braskem since 2008.
In a statement, Braskem said it will hold a general meeting on August 4 to appoint a new chairman.
Marcelo Odebrecht.
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