Gabrielli named CEO of Petrobras

July 19, 2005
José Sérgio Gabrielli de Azevedo, chief financial officer of Petroleo Brasileiro SA, will become the state-owned company's chief executive officer.

Eric Watkins
Senior Correspondent

LOS ANGELES, July 19 -- José Sérgio Gabrielli de Azevedo, chief financial officer of Petroleo Brasileiro SA (Petrobras), will become the state-owned company's chief executive officer following the resignation of José Eduardo Dutra, who plans to run for the Senate.

Gabrielli has served as CFO and investor relations director with Petrobras since Feb. 1, 2003.