OREANDA-NEWS. September 20, 2013. Pedro Miro, a member of CEPSA’s Board of Directors and until now, the Company’s Chief Operating Officer (COO), has been appointed Chief Executive Officer (CEO) by the Board at meeting.

At its meeting held earlier today, the Board of Directors of Compania Espanola de Petroleos, S.A.U. (CEPSA) unanimously resolved to appoint Pedro Miro Roig as Chief Executive Officer of the Company, further demonstrating IPIC’s confidence in his management and leadership.

Pedro Miro, a graduate in Chemistry, joined CEPSA in 1976 and has spent his entire career in different areas of the Company, occupying the positions of Director of the Corporate Research Center, Technology Director and Vice President of Exploration & Production.

In April 2009, Mr. Miro became Senior Vice President of Technical Operations, overseeing the Group’s refining and power activities as well as various corporate divisions, including HSE (Health, Safety and Environment) and Technology. Since that time, he has been a member of the Management Committee of the Company.

In August 2011, shortly after the completion of IPIC’s Takeover Bid of 100% of CEPSA’s share capital, he was designated Chief Operating Officer (COO) and in January 2012, was appointed to the Board of Directors.
 
Mr. Miro currently serves as Chairman of various Group companies such as CEPSA GAS COMERCIALIZADORA, CEPSA QUIMICA S.A., CEPSA CHIMIE MONTREAL, CEPSA CHIMIE BECANCOUR and DETEN. As a representative of CEPSA, he has been Chairman of MEDGAZ, ASESA, DETISA and GEPESA. He is also a member of the Board of Directors of Compania Logistica de Hidrocarburos (CLH).

Additionally, Mr. Miro actively serves in a number of Spanish and international industry associations.

As a result of the Board resolution adopted today, the composition of CEPSA’s Board of Directors is hereafter as follows:

H.E. Khadem Al Qubaisi, Chairman
Santiago Bergareche, Co-Chairman
Pedro Miro, Chief Executive Officer
H.R.H. D. Carlos de Borbon Dos-Sicilias, Infante of Spain, Director
Murtadha Al Hashmi, Director
Mohamed B. Al-Husseiny, Director
Ignacio Pinilla, Non-Director Secretary
Carmen Cagiga, Non-Director Vice-Secretary