Vale CEO Ferreira to Lead Petrobras Board

March 27, 2015

Brazil's government has selected Murilo Ferreira, the chief executive officer of miner Vale SA, to head the board of state-run Petroleo Brasileiro SA, according to a filing from the oil company on Friday.

The board will vote on the nomination at a shareholder's meeting on April 29, the filing said. The Brazilian government is Petroleo Brasileiro's controlling shareholder.

On Thursday Petrobras, as the state-run firm is better known, named Luciano Coutinho, the head of Brazil's state development bank BNDES as its chairman until the next shareholder meeting.

Petrobras said in another filing that its board would not vote on its financial results at the April 29th meeting.


Reporting by Caroline Stauffer
 

Logistics News

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Gram Car Carriers Rolls Out Orca AI Navigational Analytics Platform

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Morocco’s Marsa Maroc to Acquire 45% Stake in Spain’s Boluda Maritime Terminals

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

Applied Acoustics Deploys Pyxis INS + USBL System for SEP Hydrographic

800-Ton Goliath Crane Takes Shape in Port of Chioggia

800-Ton Goliath Crane Takes Shape in Port of Chioggia

Subscribe for Maritime Logistics Professional E‑News

James Dempsey is named interim Frontier Group CEO after Biffle leaves.
Polish power grid targets zero-emissions transmission network by 2035
Dassault Aviation CEO uncertain if FCAS Fighter will proceed