ICA’s Board of Directors Ratifies Luis Zarate as the Company’s Chief Executive Officer
March 09 2016 - 7:46PM
Empresas ICA, S.AB. de C.V. (BMV:ICA) (NYSE:ICA),
the largest infrastructure and construction company in Mexico,
announced that its Board of Directors unanimously approved Luis
Zarate Rocha as ICA’s new Chief Executive Officer. This action
formalizes the nomination of Mr. Zarate, which was announced last
week.
Mr. Zarate will lead ICA’s operations, while
Deputy CEO Alfonso González Migoya and Chief Restructuring Officer
Guadalupe Phillips Margain will concentrate on the restructuring of
the Company.
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, lCA is listed on the Mexican and
New York Stock exchanges. For more information, visit
ir.ica.mx.
For more information, please contact:
Gabriela Orozco
gabriela.orozco@ica.mx
Christianne Ibánez
christianne.ibanez@ica.mx
relacion.inversionistas@ica.mx
+(5255) 5272 9991 x 3012
Pablo Garcia
Chief Financial Officer
pablo.garcia@ica.mx
In the US:
Daniel Wilson, Zemi Communications
+(1212) 689 9560
dbmwilson@zemi.com