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CITGO Marketers to Gather for Centennial Summit

HOUSTON -- Approximately 400 CITGOmarketers from across the country will gather in Orlando, for the Centennial Summit to be held Aug. 30 - Sept. 1. Attendees will learn about the company's vision for the future from key CITGO executives and witness the unveiling of the new street image scheduled to roll out later this year.

"We are excited to bring the CITGO family together again to celebrate, inform and learn from one another," Gustavo Velasquez, vice president supply and marketing, said in a statement. "It is also an opportunity to honor the Cities Service legacy and how it continues to influence CITGO today. In fact, our 100-year milestone was made possible by our network of local light oils and lubricants marketers and our dedicated employees, some of whom worked many years under the green and white Cities Service logo. While many things have changed since the Cities Service days, one tradition continues: the unique but strong alliance between CITGO and its marketers."

A major highlight of the event will be the formal launch of the CITGO reimage. The new retail canopy and pump designs, which were developed with input from the marketers, blaze a new trail for the CITGO brand and will help local marketers and retailers attract more consumers to their locations.

"As we plan for the exciting future ahead, we want to re-emphasize our commitment to meeting the needs of the local marketers and retailers -- the people who serve as the face of the CITGO brand every day in their local communities," added Velasquez. "The new CITGO image is one of the many programs we have designed to make an impact on local operations so that our marketers and retailers can meet the demands of their customers and communities."

The Centennial Summit for CITGO Marketers will also feature the chairmen of the CITGO Marketer Councils, J. Hulon Williams III of J. H. Williams Oil Co. Inc. and Tim Hutchens of Hutchens Petroleum, who will present and discuss the marketers' perspective. Individual business unit breakout sessions will provide platforms for marketers to discuss specific issues and initiatives that impact their businesses.

Additionally, senior CITGO executives will present the financial, operational, refining and community engagement efforts of the company, all of which are conducted in alignment with its shareholder, Petroleos de Venezuela S.A., the national oil company of the Bolivarian Republic of Venezuela.

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