On October 22, the appointment of the board of directors of the State’s Company Petróleos de Venezuela, a key player in the country’s economy.
In the Official Gazette No. 41,507 dated October 22nd, 2018 was published the Presidential Decree appointing de Board of Directors of the State’s Company Petróleos de Venezuela S.A. (“PDVSA”) (the “Decree”).
The members of the Board of Directors of PDVSA are:
- President: Manuel Quevedo Fernández
- Vicepresident of Production and Exploitation: Miguel Quintana Castro, substituting Nelson Ferrer Sanchez
- Vicepresident of Refinement: Rodolfo Jiménez Jiménez, substituting Guillermo Blanco Acosta
- Vicepresident of Commerce and Procurement: José Rojas Reyes, substituting Fernando Quintal Rodríguez
- Vicepresidente of Gas: Nemrod Contreras Mejías
- Vicepresident of Finance: Fernando de Quintal Rodríguez, substituting Iris Medina Fernández
- Vicepresident of International Affairs: Marcos Rojas Marchena
- Vicepresident de Planning and Engineering: Miguel Quintana Castro
- Internal Directors:
- Miguel Quintana Castro
- Rodolfo Jiménez Jiménez
- José Rojas Reyes
- Nemrod Contreras Mejías
- Marcos Rojas Marchena
- Fernando de Quintal Rodríguez
- External Directors:
- Yurbis Josefina Gómez
- Ricardo León Sabala
- Wils Rangel Linares
- Simón Zerpa Delgado
- Ricardo Menéndez Prieto
- Tareck El Aissami Maddah
The Decree will enter into force on the date of its publication in the Official Gazette.
This Legal Report presents a general description of relevant aspects of the Decree and does not constitute a legal opinion aimed at addressing a specific situation. In case of doubts, comments or for more information, contact InterJuris Abogados (www.wordpress-1435814-5364031.cloudwaysapps.com) +58 (212) 750 1200