Sergio De Castro

Sergio De Castro

Senior VP, Strategy & CFO

Every time Aera tackles a new strategic project, Sergio De Castro knows all about it. And as the longtime energy leader continuously innovates to provide the oil and gas Californians need while meeting the state’s leading climate standards, De Castro’s teams are behind the scenes helping develop the path to ensure Aera is well positioned for the journey.

De Castro oversees Aera’s sustainable-business strategies to boost revenue-generation at Aera – including all things relating to finance, technology and business development — as the company’s senior vice president of strategy and chief financial officer.

“My teams are seeking to continuously innovate and find creative solutions to improve oil and gas cash flow generation in every way,” De Castro said. “This is vitally important as Aera innovates to align with California’s energy transition as this bold step forward with the state will require significant capital investments. We will ensure Aera is financially positioned to handle it.”

De Castro has the experience for the job – more than 25 years of global experience through multiple controller, corporate finance, audit, internal control and commercial roles served on four continents. He holds a bachelor’s degree in industrial engineering from Pontifical Javeriana University and studied accounting at Universidad Externado de Colombia – in Bogotá, Colombia where he was born and raised. De Castro received his master’s degree in business administration from George Mason University in Fairfax, Virginia and joined the Arthur Andersen accounting firm and its subsidiary, Andersen Consulting, shortly after graduation. De Castro has served on numerous boards and is a member of the Latin American Association of Corporate Directors and the Association for Financial Professionals, which represents finance executives globally.  

De Castro joined Exxon in 1994 holding multiple financial and commercial department roles, before moving to Houston, Texas where he oversaw Exxon’s global operations in Asia. He joined Aera in 2017.

“Aera has for decades innovated to provide oil and gas for California and is now lending its expertise and ingenuity to help meet the state’s leading climate standards. The journey to a constructive energy future won’t be easy, but my teams will be there to do the strategic planning needed to create a well-thought-out reality,” De Castro said.

DID YOU KNOW? Aera Energy is a three-time recipient of the Forbes America’s Midsize Employer List, placing ninth in the 2022 ranking and securing its spot in the top ten midsize companies to work for in the United States.

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