FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16
of
the Securities Exchange Act of 1934
For
the month of March, 2015
Commission File Number 1-11080
THE
ICA CORPORATION
(Translation of registrant's name into English)
Blvd.
Manuel Avila Camacho 36
Col. Lomas de Chapultepec
Del. Miguel Hidalgo
11000 Mexico City
Mexico
(Address of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F.....x.... Form 40-F.........
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ____
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
Indicate
by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes
..... No...x...
If
"Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- ________
ICA
Announces Organizational and Management Changes
March
18, 2015, Mexico City — Empresas ICA, S.A.B. de C.V. (BMV and NYSE: ICA),
the largest infrastructure and construction company in Mexico, announced organizational
and management changes to streamline operations, strengthen client focus, and improve the Company’s profitability and financial
position. The management changes were approved by the Board of Directors and are part of ICA’s ongoing leadership transition
process. These changes are effective June 1, 2015.
The
organizational changes will realign business units to match client profiles and ensure end-to-end execution of projects. The most
important changes are in the Construction, International, and Concessions divisions.
Alonso
Quintana, ICA’s CEO, noted, “As ICA continues to grow and the complexity of our businesses increase, we are realigning
our business units to streamline operations, strengthen our balance sheet, improve our profitability, and ultimately to continue
to deliver the best solutions for our clients.”
“We
expect to make other announcements in the near future that will further demonstrate ICA’s commitment to these principles.”
Quintana added.
The
Construction division will be reconfigured to focus on public and private third party clients in Mexico, and will be led by Jorge
Delgado, currently the most senior manager in the Construction division. With more than 37 years of experience in ICA, he has
been responsible for the construction of many of ICA’s signature highway, dam, airport, and mining projects.
The
International division will manage all construction projects for international clients and oversee international affiliates. This
change reflects the growing importance of ICA’s international business and the opportunities for greater integration of
these operations. Rubén López, head of International business development, will head this division.
The
reconfigured Concessions division will integrate all phases of the infrastructure concessions life cycle, including construction,
management and operation, as well as capital recycling transactions. Victor Bravo, currently CFO, will head this division.
Gabriel
de la Concha will become Chief Financial Officer. He has been responsible for all structured, project, and corporate financing
for the Company and has been ICA’s Treasurer for the last decade. He has a 23-year career in ICA and holds an Industrial
Engineering degree from the Instituto Tecnológico y de Estudios Superiores de Monterrey, a Master’s degree in International
Finance from the University of Westminster in England and the École Supérieur de Commerce CERAM in France, and has
pursued additional studies in Stanford Graduate School of Business and the University of Pennsylvania’s Wharton School of
Business.
Luis
Horcasitas and Carlos Mendez, current leaders of the Construction and Concessions divisions, respectively, will now become Executive
Vice Presidents, advising the CEO and Executive Committee.
Bernardo
Quintana, Chairman of the Board, said, “ICA has been engaged in an orderly leadership transition process, steadily renewing
the leadership of the company at all levels for the past eight years. The changes announced today are part of this process. They
also
reflect
the growing importance of our concessions and international operations and the benefits of streamlining the organization and increasing
accountability.”
This
report contains projections or other forward-looking statements related to ICA that reflect ICA’s current expectations or
beliefs concerning future events. Such forward-looking statements are subject to various risks and uncertainties and may differ
materially from actual results or events due to important factors such as changes in general economic, business or political or
other conditions in Mexico, Latin America or elsewhere, changes in capital markets in general that may affect policies or attitudes
towards lending to Mexico or Mexican companies, changes in tax and other laws affecting ICA’s businesses, increased costs,
unanticipated increases in financing and other costs or the inability to obtain additional debt or equity financing on attractive
terms and other factors set forth in ICA’s most recent filing on Form 20-F and in any filing or submission ICA has made
with the SEC subsequent to its most recent filing on Form 20-F. All forward-looking statements are based on information available
to ICA on the date hereof, and ICA assumes no obligation to update such statements.
Empresas
ICA, S.A.B. de C.V. is Mexico's largest infrastructure company. ICA carries out large-scale civil and industrial construction
projects and operates a portfolio of long-term assets, including airports, toll roads, water systems, and real estate. Founded
in 1947, ICA is listed on the Mexican and New York Stock exchanges. For more information, visit www.ir.ica.mx
For
more information please contact:
Elena
Garcia
elena.garcia@ica.mx
Gabriela
Orozco
gabriela.orozco@ica.mx
relacion.inversionistas@ica.mx
+(5255)
5272 9991 x 3608 |
Gabriel
de la Concha
gabriel.delaconcha@ica.mx
Corporate
Finance Director and Treasurer
Victor
Bravo
victor.bravo@ica.mx
Chief
Financial Officer
In
the US: Daniel Wilson
+(1212)
689 9560
dbmwilson@zemi.com |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly
authorized.
Date: March 18, 2015 |
Empresas ICA, S.A.B. de C.V.
/s/ Gabriel de la Concha Guerrero
Name: Gabriel de la Concha Guerrero
Title: Chief Investment Officer
|