Petrobras to hire female executive
January 20, 2012 by Sofia Camfield · Leave a Comment
The Brazilian multinational energy corporation Petrobras is to hire its first ever female chief executive.
Seen as a positive move, news of the potential appointment caused shares in the company to soar to an eight-month high.
Maria das Gracas Foster, who has been with the government-run corporation since 1978, is said to be a no-nonsense woman, a trait she shares with her close friend president Dilma Rousseff.
“[Her career] shows the pioneering spirit of a woman who has coordinated important public programs, participating in an active way in the defence of Brazilian interests,” Marcio Rocha Mello, a former Petrobras executive, told Fox Business.
“Gracas Foster is extremely qualified for this post and will certainly command Petrobras with the same brilliance with which she has conducted her entire career.”
The 58-year-olds story is a classic rag to riches tale, born in a favela in Rio de Janeiro, working as a waste collector from the age of eight. She went on to study at university, gaining a degree in chemical engineering and a masters in chemical and nuclear engineering.
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