26 jul: Eurozonen: Draghi vil gøre alt for at redde euroen
26 jul: Man Invest: Nuværende krise er blot opvarmning
26-07-2012 13:22:00

UPDATE: Fresnillo Appoints Alvidrez CEO as Lomelin Retires

Relateret indhold

-- Fresnillo appoints Penoles executive and former Fresnillo head of investor relations Octavio Alvidrez as CEO designate

-- Jaime Lomelin retires after 41 years of service; to remain on board as non-executive director

-- Alvidrez to officially become CEO of Fresnillo from August 15

(Adds details throughout.)

By Alex MacDonald

LONDON--Mexican precious metals miner Fresnillo PLC (FRES.LN) announced Thursday the retirement of its chief executive, Jaime Lomelin, and announced the appointment of Octavio Alvidrez as CEO designate.

Mr. Alvidrez, 47 years old, previously served at Fresnillo and is currently general manager of the Madero mine, one of Mexico's largest zinc mines and an important operation for Industrias Penoles (PE&OLES.MX), the majority owner of Fresnillo.

Mr. Alvidrez joined Penoles in August 1998 and has since then held a number of senior operational and financial positions across Penoles and Fresnillo, including that of treasurer at Penoles and head of investor relations of Fresnillo in London and head of procurement.

Fresnillo's board unanimously elected Mr. Alvidrez to succeed Mr. Lomelin from Aug. 15 following a handover period.

Mr Lomelin, 77, will retire following a 41-year career with Penoles and Fresnillo. He served as chief executive officer of Penoles for 26 years until the London listing of Fresnillo in 2008, when he took on the role of chief executive officer. Fresnillo is the world's largest primary silver producer and Mexico's second largest gold producer.

Mr. Lomelin will remain on Fresnillo's board as a non-executive director and has been given an advisory role as corporate director of the Bal Group, a holding company that owns a majority stake in Penoles and which counts Alberto Ballieres as its chairman.

Ballieres, who is also chairman of Fresnillo, thanked Lomelin for his service.

"Fresnillo's success in the four years since its listing in London is in no small part due to his unwavering commitment to achieving operational excellence. The Board is unanimous in its deep gratitude for his contribution over many years and we wish him all the best in his well-deserved retirement."

"It has been a great privilege to lead Fresnillo through this exciting period of growth," Mr. Lomelin said. "Octavio has an outstanding track record of performance over many years and believe he will be a strong leader of Fresnillo in the future," he said.

At 1040 GMT, Fresnillo's shares were up 0.2%, or 2 pence, at 1377 pence a share, resulting in a market capitalization of GBP9.88 billion.

-Razak Musah Baba in London contributed to this story.

Write to Alex MacDonald at alex.macdonald@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

July 26, 2012 07:22 ET (11:22 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aktier/tendens: Udsigt til lav omsætning med lille pil op

30-08-2016 07:46:43
Regnskabssæsonen er ved at ebbe ud, og det lader til, at investorerne lige skal tage ny luft ind, inden de begynder at kaste sig ud i nye aktieeventyr. Der kan ..

Parken/fmd: Mesterskab og pokaltitel giver en masse i FCK

29-08-2016 16:03:52
Parken Sport & Entertainments fodboldklub, FC København, leverede fremgang i første halvår, hvor blandt andet transferaktiviteterne gav en stor hjælpende hånd, ..

Vestas/Jyske: Havmølle-joint venture bidrager positivt fra 2017

29-08-2016 14:02:43
Jyske Bank ser fortsat særdeles positivt på aktien i vindmølleproducenten Vestas, der for nylig leverede et stærkt positivt overraskende regnskab for andet kvar..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas/HSBC: Kursmålet løftes næsten 13 pct.
2
Vestas/Jyske: Havmølle-joint venture bidrager positivt fra 2017
3
Vestas udpeger ny direktør for kommunikation og marketing
4
Mandagens aktier: Mærsk gled til toppen efter norsk olienyt
5
Markedsoversigt: Mærsk mod toppen - renten tilbage mod nul

Relaterede aktiekurser

Fresnillo PLC ORD USD0.5.. 1.774,05 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
30. august 2016 09:20:41
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160826.1 - EUROWEB7 - 2016-08-30 09:20:41 - 2016-08-30 09:20:41 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x