Vale CEO Ferreira Said to Be in Talks to Head Petrobras Board
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Vale SA Chief Executive Officer Murilo Ferreira is being sounded out to take over as chairman of the board of Brazil's beleaguered oil producer Petroleo Brasileiro SA, people with knowledge of the discussions said.
Government representatives have spoken with Ferreira, 61, about replacing former Finance Minister Guido Mantega as chairman, according to three people who asked not to be named because the talks aren’t public. The next Petrobras board meeting in which a new leader could be confirmed will be on March 23.