CITGO Petroleum Corporation’s Board of Directors selected Carlos Jorda as the company’s new CEO.
Jorda has deep knowledge of CITGO and its stakeholders based on his previous roles as president of PDV America and chairman of the CITGO Board of Directors.
Jorda is a chemical engineer with five decades of experience in the international oil and gas industry spanning across refining, corporate planning, finance and upstream.
During this time, Jorda held several leadership positions within Petróleos de Venezuela, S.A. (PDVSA), in both the U.S. and Venezuela, including oversight of PDVSA’s refining and marketing operations.
For the past 16 years, Jorda served as a consultant to large companies and investors in the global oil and gas industry, as well as a board member for Delek USA, a U.S.-based refining and marketing company.
“The Board was searching for a CEO with a solid professional background in operations and who could guide CITGO during this unprecedented time,” said CITGO Chairwoman Luisa Palacios. “With his understanding of the company, its shareholder and the geopolitical landscape in which the company operates, we believe that Carlos Jorda is the right person for the job.”
Houston, Texas-based CITGO Petroleum Corp. operates three refineries located in Corpus Christi, Texas; Lake Charles, La.; and Lemont, Ill., and wholly and/or jointly owns 48 terminals, nine pipelines and three lubricants blending and packaging plants. With approximately 3,500 employees and a combined crude capacity of approximately 749,000 barrels per day, CITGO is ranked as the fifth-largest and one of the most complex independent refiners in the U.S.