On 25 February 2009, Repsol’s board of directors approved a proposal by Chairman Antonio Brufau to make changes to the company’s management structure aimed at simplifying and concentrating the management team.
The new organisation, which reduces to seven the number of business units, is a rationalisation and simplification of Repsol’s management structure, reinforcing multidisciplinary business profiles with a global vision and ability to adapt to change.
The new management structure aims to boost the human organisation of Repsol, improve management processes and focus on the development of staff to maximise value creation as a key element to achieving the company’s goals.
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Communication channel with the Repsol YPF Auditing and Control Committee.