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Petrobras informs that its Board of Directors elected Maria das Gracas Silva Foster as CEO, replacing Jose Sergio Gabrielli de Azevedo. Mr. Gabrielli will remain in office until next Monday, February 13th, when the new CEO will take office. Jose Sergio Gabrielli de Azevedo is also leaving the Company’s Board of Directors, which elected Maria das Gracas Silva Foster as new member. This election, according to the provisions of the Brazilian legislation and Petrobras’ By-law, is valid until the next General Shareholders Meeting.
Maria das Gracas Silva Foster has worked at Petrobras for 31 years. She has been Director for Gas and Energy and CEO of Gaspetro - Petrobras Gas S.A since 2007. Mrs. Maria das Gracas Foster has a Bachelor’s Degree in Chemical Engineering from the Federal Fluminense University (UFF), a Master’s Degree in Chemical Engineering and a Graduate Degree in Nuclear Engineering from the Rio de Janeiro Federal University (COPPE/UFRJ). She also has an MBA in Economics from Fundacao Getulio Vargas (FGV/RJ). Aside from occupying different executive level offices in the Company, Maria das Gracas Silva Foster has been CEO of Petroquisa – Petrobras Quimica S.A., and CEO and CFO of Petrobras Distribuidora S.A. She is Chairwoman of the Board of TBG – Transportadora Brasileira Gasoduto Bolivia-Brasil S.A., and TAG – Transportadora Associada de Gas S.A, and is member of the Board of Director of Transpetro – Petrobras Transporte S.A., Petrobras Biocombustivel 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 of Jose 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.
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