U.S. markets open in 8 hours 29 minutes
  • S&P Futures

    3,882.25
    +14.75 (+0.38%)
     
  • Dow Futures

    31,465.00
    +107.00 (+0.34%)
     
  • Nasdaq Futures

    13,139.00
    +83.75 (+0.64%)
     
  • Russell 2000 Futures

    2,248.50
    +19.40 (+0.87%)
     
  • Crude Oil

    59.92
    +0.17 (+0.28%)
     
  • Gold

    1,731.70
    -1.90 (-0.11%)
     
  • Silver

    26.73
    -0.15 (-0.57%)
     
  • EUR/USD

    1.2090
    +0.0003 (+0.02%)
     
  • 10-Yr Bond

    1.4150
    0.0000 (0.00%)
     
  • Vix

    24.10
    +0.75 (+3.21%)
     
  • GBP/USD

    1.3949
    -0.0007 (-0.05%)
     
  • USD/JPY

    106.8700
    +0.1600 (+0.15%)
     
  • BTC-USD

    49,139.22
    +51.49 (+0.10%)
     
  • CMC Crypto 200

    986.50
    -1.60 (-0.16%)
     
  • FTSE 100

    6,613.75
    +25.22 (+0.38%)
     
  • Nikkei 225

    29,529.22
    +121.05 (+0.41%)
     

Petrobras board calls shareholder meeting to replace CEO

  • Oops!
    Something went wrong.
    Please try again later.

BRASILIA, Feb 23 (Reuters) - The board of Brazil's state-run oil company Petrobras on Tuesday authorized an extraordinary shareholder meeting to begin the process of replacing Chief Executive Roberto Castello Branco with former Defense Minister Joaquim Silva e Luna.

The company, known formally as Petroleo Brasileiro SA , added that the board said it "will continue to rigorously abide by the governance standards of Petrobras, including with respect to the company's pricing policy." (Reporting by Anthony Boadle Editing by Brad Haynes and Christian Plumb)