Repsol YPF SA investors criticized Chairman Antonio Brufau over his handling of the company’s Argentine unit, whose expropriation wiped 14 billion euros ($17 billion) from the market value of Spain’s biggest oil producer.
Repsol SA named Josu Jon Imaz San Miguel to replace Antonio Brufau as chief executive officer as Spain’s largest oil company seeks acquisitions to boost reserves. Brufau will continue as chairman.
"Angola will give lots of results, not only for us but for others too."
- Antonio Brufau on Oct 21, 2014