Revolution at the Moeve leadership: reduction of the committee and strategic changes

Total revolution on the Moeve noble floor. The energy company reported this Tuesday a comprehensive reform of its organizational chart in the largest earth movement at the top since Cepsa changed its name two years ago.

The company, controlled by the Mubadala and Carlyle funds, has reduced its management committee from ten to eight members, displacing three of its key men, and has recruited a former Shell executive, Robin Mooldijk, as chief operating officer.

In addition, the company has diluted the Exploration and Production and Chemicals divisions, the traditional business of what is still the second largest oil company in Spain, as independent areas.