President Nicolas Maduro has tapped a high-ranking general to lead Venezuela's struggling state oil company.
National Guard Maj. Gen. Manuel Quevedo will be president of PDVSA and the country's minister of oil.
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Since taking office in 2013, Maduro has steadily handed more power to military officers, including key Cabinet posts.
Sunday's leadership change comes amid a sweeping anti-corruption investigation ordered by Maduro into the state-run PDVSA as a fall in crude production has worsened the oil-rich country's financial crisis.
This year, Venezuelan officials have arrested roughly 60 people, including many senior managers at PDVSA.
Officials in recent days jailed six top executives of PDVSA's U.S.-based subsidiary, Citgo. Five of them hold dual U.S.-Venezuelan citizenship.
This story has been corrected by deleting a reference to Eulogio Del Pino, who was not the immediate past president of PDVSA.