published Fri, February 10, 2012
New Petrobras CEO
Petrobras has announced that its Board of Directors has elected Maria das Graças Silva Foster as CEO, taking over from José Sergio Gabrielli de Azevedo. Mr. Gabrielli will remain in office until next Monday, February 13th, when the new CEO will take office.
José Sergio Gabrielli de Azevedo is also leaving the Company's
Board of Directors, which elected Maria das Graças Silva Foster as
new member. This election, according to the provisions of the
Brazilian legislation and Petrobras' By-laws, is valid until the
next Shareholders' General Meeting.
Maria das Graças Silva Foster has worked at Petrobras for 31 years.
She has been Director for Gas and Energy and CEO of Gaspetro -
Petrobras Gás S.A since 2007. She has a Bachelor's Degree in
Chemical Engineering from the Federal Fluminense University (UFF),
a Master's Degree in Chemical Engineering and a Post-Graduate
Degree in Nuclear Engineering from the Rio de Janeiro Federal
University (COPPE/UFRJ). She also has an MBA in Economics from
Fundação Getulio Vargas (FGV/RJ).
In addition to occupying various executive level positions in the
Company, Maria das Graças Silva Foster has been CEO of Petroquisa -
Petrobras Química S.A., and CEO and CFO of Petrobras Distribuidora
S.A. She is Chairwoman of the Board of TBG - Transportadora
Brasileira Gasoduto Bolívia-Brasil S.A., and TAG - Transportadora
Associada de Gás S.A, and is member of the Board of Directors of
Transpetro - Petrobras Transporte S.A., Petrobras Biocombustível
S.A. and Braskem S.A.
In her career, she was also Secretary of Oil, Natural Gas and
Renewable Fuels at the Brazilian Ministry of Mines and Energy from
January 2003 to September 2005.
Petrobras is grateful for the contributions made by José Sergio
Gabrielli de Azevedo as CEO and member of its Board. We thank Mr.
Gabrielli for his leadership skills, technical competence and high
level of professionalism and dedication during his
administration.
Date: 10/02/2012