Brazil's President Names New Petrobras Chief Executive

Brazilian president Dilma Rousseff will appoint Maria das Graças Silva Foster to replace Petrobras chief executive José Sergio Gabrielli, effective February 9. Foster currently heads the state oil firm’s gas and energy division and has close ties to the president, according the local press reports. Foster will be Petrobras’ first woman chief executive. Gabrielli plans to pursue a career in politics, the reports...

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