On May 14, 2026, President Claudia Sheinbaum announced the appointment of Juan Carlos Carpio Fragoso as the new CEO of Petróleos Mexicanos (Pemex), replacing Víctor Rodríguez Padilla.
Carpio, formerly the company’s Chief Financial Officer, assumes the position amidst a complex context of debt and operational challenges.
New PEMEX CEO: Juan Carlos Carpio Fragoso, who previously served as Pemex’s Chief Financial Officer, is recognized for his experience in managing public debt.
Departure: Víctor Rodríguez Padilla leaves the CEO position after a tenure described by management as “outstanding.”
Context: This change occurs amidst liquidity problems and operational challenges.
Profile: Carpio has been part of Sheinbaum’s team since her time as mayor of Mexico City.
This appointment aims to strengthen the state-owned oil company’s financial strategy.
Source: N+
