Who has been named the new CFO of Pemex, and what is her background?

Elizabeth González Garduño has been named the new Chief Financial Officer of Petróleos Mexicanos (Pemex), effective June 25, according to a company statement. She previously served as deputy director for Pemex’s budget and held roles at Mexico’s Finance Ministry and Treasury.

Why is Pemex undergoing leadership changes, and what are its current major challenges?

Pemex is undergoing leadership changes amid severe financial and operational struggles, including a roughly $80 billion debt load, a loss-making refining business, inefficiencies, explosions, oil spills, and declining profits. Crude production dropped about 6% since the start of President Claudia Sheinbaum’s administration, falling to 1.65 million barrels per day by end-March, prompting efforts like joint ventures—including a recent non-binding agreement with Petrobras—to boost output, increase gas production, and explore new assets.

Mexico Names New CFO for Embattled Oil Giant Pemex

Jun 26, 2026

Pemex has appointed Elizabeth González Garduño as its new Chief Financial Officer effective June 25. The move comes amid efforts to boost crude output through joint ventures and address significant debt under President Sheinbaum's administration.

bloomberg

2026-06-26

Mexico Names New CFO for Embattled Oil Giant Pemex

Mexico Names New CFO for Embattled Oil Giant Pemex

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