Petroleo Brasileiro S.A. - Petrobras (PBR)

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Petrobras' chairman Rousseff to step down
Petroleo Brasileiro SA Story

http://www.marketwatch.com/story/petrobras-chairman-to-step-down-reports-2010-03-19?siteid=yhoof2

LOS ANGELES (MarketWatch) -- The board chairman of Brazilian state-run oil giant Petrobras Dilma Rousseff, said Friday she will step down from her position at the company in the next few days to focus on her efforts to become Brazil's next president, according to various media reports. Rousseff, who serves as Brazilian President Luiz Inacio Lula da Silva's chief of staff, told reporters that she plans to focus on her electoral run starting in April. Rousseff's successor at Petrobras will be Guido Mantega, Brazil's finance minister. Brazil's presidential election will be held in October. The Petrobras chairmanship is traditionally held by a high-ranking government official.