Petrobras’s Foster to Replace Gabrielli as CEO

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Jan. 23 (Bloomberg) -- Petroleo Brasileiro SA, the world’s fifth-biggest oil producer by market value, plans to replace its chief executive officer with its natural gas and energy chief, Maria das Gracas Foster. Foster, 58, will replace Jose Sergio Gabrielli, 62. Petrobras Chairman and Finance Minister Guido Mantega will present Foster’s name to the board of directors of the state-run company on Feb. 9, according to a regulatory filing today. Peter Millard reports on Bloomberg Television's "InBusiness With Margaret Brennan." (Source: Bloomberg)


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