Repsol Announces Organisational Change (Spain)

In order to adapt the organization to the Strategic Plan and improve efficiency in the management of the company, Repsol YPF has approved Thursday the appointment of Miguel Martinez San Martin as Chief Financial Officer and ED Affiliated Companies.

The new division’s functions include financial management, accounting and taxation, strategy, corporate development and control of affiliated companies: YPF and Gas Natural Fenosa. Miguel Martinez joined Repsol 18 years ago and has had significant and extensive professional experience as well as positions of high responsibility, such as COO and ED Control and Corporate Development.

After the appointment, Repsol’s Executive Committee is formed by:

– Antonio Brufau, Executive Chairman.

– Luis Suárez de Lezo, Board Member, ED Legal Affairs and Secretary of the Board of Directors.

– Miguel Martínez, ED Finance and Affiliated Companies.

– Nemesio Fernández-Cuesta, ED Upstream.

– Pedro Fernández Frial, ED Downstream.

– Cristina Sanz, ED People and Organization.

– Antonio Gomis, ED Repsol Argentina

– Begoña Elices, ED Communication and Chairman’s Office.

[mappress]

Source: Repsol, June 17, 2011;