Mexico’s Empresas ICA’s board unanimously approves new CEO appointment

By Caroline Salls

Pittsburgh, Feb. 29 – Empresas ICA, SAB de CV’s board of directors unanimously approved the appointment of Luis Zarate Rocha as the company’s new chief executive officer, according to a company news release.

The company said Zarate will lead its operations, while deputy CEO Alfonso González Migoya and chief restructuring officer Guadalupe Phillips Margain will concentrate on Empresas ICA’s restructuring.

Empresas ICA announced last week that former CEO Alonso Quintana Kawage would step down, effective immediately, to facilitate the company’s restructuring process.

Empresas ICA is a construction company based in Mexico City.

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