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

Charities and Celebrities Urge End to Live Animal Exports

Charities and Celebrities Urge End to Live Animal Exports

NYK Vessels Chartered for Low-Carbon Ammonia Transport from Louisiana

NYK Vessels Chartered for Low-Carbon Ammonia Transport from Louisiana

ECOnnect Energy Lands Colombian LNG Transfer Contract

ECOnnect Energy Lands Colombian LNG Transfer Contract

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

Subscribe for Maritime Logistics Professional E‑News

Taiwan claims its delegates were barred from Ocean Conference in Kenya
KKR invests $1.4 billion in aircraft leasing and targets airlines, Boeing, and Airbus
Kyiv denies that Russia has attacked a school bus with children on board.