Why is Pemex CEO Victor Rodriguez stepping down, and what did President Sheinbaum say about the timing of his departure?

Victor Rodriguez is stepping down because he had originally taken the job on the condition that he would serve only one and a half years, a request President Sheinbaum stated she was now honoring. Sheinbaum confirmed this in her video address, expressing gratitude to Rodriguez and stating she was 'very happy and grateful' for his service.

Who is replacing Victor Rodriguez as Pemex CEO, and what key background details about him are provided in the article?

Juan Carlos Carpio, Pemex’s chief financial officer, is being nominated to replace Rodriguez. He is an economist trained at Mexico’s National Autonomous University and has close ties to Energy Minister Luz Elena Gonzalez, having previously worked for her when she headed Mexico City’s finances during Sheinbaum’s mayoral tenure. Carpio pledged that under his leadership, Pemex’s activities would be '100% focused on strengthening the company and consolidating the country's energy sovereignty.'

Mexican President Sheinbaum Announces Pemex CEO Replacement

May 14, 2026

Mexican President Claudia Sheinbaum announced that Pemex CEO Victor Rodriguez is stepping down, replaced by CFO Juan Carlos Carpio, following production shortfalls and operational issues at the state oil company.

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