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Reuters
Reuters
Business

Brazil's Petrobras names former Vale executive as new CFO

FILE PHOTO: The logo of Brazil's state-run oil company Petrobras is pictured next to a national flag at a gas station in Natal, Brazil November 19, 2018. REUTERS/Paulo Whitaker

SAO PAULO (Reuters) - Brazil's state-controlled oil company Petróleo Brasileiro SA, or Petrobras, named Andrea Marques de Almeida, an engineer and former executive at mining company Vale SA, as its new chief financial officer, according to a securities filing.

Andrea Almeida will replace Rafael Salvador Grisolia, who will take over as chief executive of the company's fuel distribution unit Petrobras Distribuidora SA. Petrobras said the changes will be submitted for approval by some internal committees and by its board.

(Reporting by Marcelo Teixeira; Editing by Rashmi Aich)

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