marine link image

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

Rosneft Diverts Oil From Novorossiysk After Drone Attack

Rosneft Diverts Oil From Novorossiysk After Drone Attack

Singapore: Container Ship Fire Extinguished

Singapore: Container Ship Fire Extinguished

US Navy to Block Ships from Iranian Ports

US Navy to Block Ships from Iranian Ports

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Subscribe for Maritime Logistics Professional E‑News

Sources: Telecom Italia selects Goldman Sachs and Evercore to review Poste's bid
Canada's Carney is set to win a majority government in the special elections
Uber driver sexual assault case to be tried again after $8.5 Million verdict