Red Eléctrica renews its organisational structure

Red Eléctrica renews its organisational structure in order to facilitate compliance with the challenges set out in its new Strategic Plan and to further carry out the process of separating the functions of Chairman of the Board and CEO. This reorganisation also makes it possible to undertake the generational change in the management team of the Company.

The different organisational changes and replacement of excellent professionals who have been key to consolidate Red Eléctrica as a global TSO reference will favour the incorporation of new talent into the company’s management team. This process will be carried out mainly through internal promotion and occasionally with professionals selected on the external labour market.

In this new organisational structure, it is senior management staff appointed by the Board of Directors that are considered members: the Chairman of the Board, the CEO and the two general managers responsible for the core activities of the company, operation and transmission.

The Board of Directors at its meeting held on November 24, approved the appointment of Miguel Duvison as General Manager of System Operation, which, in accordance with current legislation requires the approval of the Minister of Industry, Energy and Tourism, and of Eva Pagán as General Manager of Transmission.

Miguel Duvison is an industrial engineer from the Escuela Técnica Superior de Ingenieros Industriales at the Universidad Politécnica of Madrid, and has developed his professional career at Red Eléctrica since it was founded in 1985. He began as shift manager at the Electricity Control Centre (CECOEL), and subsequently became Head of the CECOEL Department, Director of Services for System Operation and Director of System Operation. In recent years, he has been Deputy General Director of Operations and Markets.

Eva Pagán is an industrial engineer from the Escuela Técnica Superior de Ingenieros Industriales at the Universidad Politécnica of Madrid, and began working in Red Eléctrica in 1995 as expert in the High Voltage Equipment Engineering Area. Subsequently she became Head of the High Voltage Equipment Department, Head of Substation Maintenance, Head of the ‘Demarcación Tajo’ and Director of Facilities Maintenance. Since 2012, she has been Deputy General Director of Maintenance.

The following positions in the new organization will report directly to the Executive Chairman: the General Counsel and Secretary of the Board of Directors, Rafael García de Diego; the Corporate Director of Sustainability, Innovation and Institutional Coordination, Ana Cuevas and the Director of Global Risk Control, to be appointed in the near future.

The following positions will report directly to the CEO: the General Manager of System Operation Division, Miguel Duvison; the General Manager of Transmission Division, Eva Pagán; the Assistant Corporate Director to the CEO, Francisco Ruiz; the Corporate Director of Business Diversification, Roberto Garcia; the Chief Financial Officer, Teresa Quirós, and the Corporate Director of Resources, Ángel Mahou.

The implementation of this new structure will require adjustments in subsequent organisational levels, a process in which internal promotion will be prioritized, just as was done in the first level of the organization.


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