Brazil's Petrobras says board approved dismissal of subsidiary CFO

viernes 21 de marzo de 2014 18:45 GYT

SAO PAULO, March 21 (Reuters) - Brazil's Petroleo Brasileiro SA said the board of its distribution subsidiary had approved the dismissal of its Chief Financial Officer Nestor Cervero on Friday, according to a securities filing.

The president of the subsidiary, Jose Lima Andrade Neto, will temporarily take over his responsibilities, the filing said, giving no reason for Cervero's dismissal. (Reporting by Caroline Stauffer; Editing by Bernard Orr)