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

From Experience to Insight: Klaveness Facilitates Shipping’s Digital Move

From Experience to Insight: Klaveness Facilitates Shipping’s Digital Move

CK Hutchison's Panama Unit Files Arbitration Against Maersk

CK Hutchison's Panama Unit Files Arbitration Against Maersk

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Corrina Ott Named Vice President of the Greater Houston Port Bureau

Green Tech: Rise of the [Hull Clening] Robots

Green Tech: Rise of the [Hull Clening] Robots

Subscribe for Maritime Logistics Professional E‑News

FedEx Freight targets a 12% increase in operating profits ahead of the spin-off
Panama calls on China to respect its port rulings after detention of ships
Russia claims that some EU members are aiding rivals to Orban's election in Hungary