Citgo appoints new president and CEO

Citgo Petroleum Corp., a refiner, transporter and marketer of transportation fuels, lubricants and petrochemicals, has appointed Nelson Martinez as president and CEO of the company.
Additionally, Martinez had been appointed as chairman and member of the board of directors. These positions had previously been held by Alejandro Granado.
Martinez brings more than 30 years of experience in the energy industry to his new role, including broad international experience, in-depth knowledge of the refining industry and a strong scientific, innovative and dynamic background, the company said.
“I look forward to building upon the success of the company, furthering our vision to remain a world benchmark corporation by continuing to deliver top-quality products to our customers while maintaining a strong commitment to the environment and the communities where we have a presence and beyond,” Martinez said.
Before being appointed chairman and member of the board of directors, and president and CEO of CITGO, Martinez served as the managing internal director for Petroleos de Venezuela, S.A. (PDVSA). He has held a variety of other positions within PDVSA, including head of the catalysis section in the R&D center; manager for the processes development department; leader of the technology management corporate group; deputy manager of the refining and petrochemicals general division; manager of new business development; managing director of refining for PDVSA Oriente; and most recently, executive director for PDVSA America and managing director for PDVSA Argentina.