Coca Cola FEMSA B de C : Cola FEMSA Names Gerardo Cruz As Chief Financial Officer - Form 6-K
November 29, 2022 at 10:09 pm EST
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Coca-Cola FEMSA Names Gerardo Cruz As Chief Financial Officer
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Gerardo Cruz to succeed Constantino Spas as Coca-Cola FEMSA´s CFO.
Mexico City, Mexico, November 29, 2022 - Coca-Cola FEMSA, S.A.B. de C.V. ("Coca-Cola FEMSA") (NYSE: KOF; BMV: KOF UBL) announced today that the Board of Directors has appointed Mr. Gerardo Cruz Celaya to succeed Mr. Constantino Spas Montesinos as Coca-Cola FEMSA´s Chief Financial Officer, effective January 1, 2023.
Having worked at Coca-Cola FEMSA since 2003, Mr. Gerardo Cruz´s financial experience spans close to 20 years. In his most recent role as Finance and Administration Director in Coca-Cola FEMSA Colombia, Gerardo Cruz´s solid track record as a financial leader, his analytical mindset and deep business understanding have been fundamental to lead the financial operations of the country and ensure profitable growth. He began his career within the corporate finance and treasury function, overseeing financing, risk management, and treasury, until becoming Corporate Finance and Treasury Director in 2013. He held this position until his appointment as Planning and Finance Director for the Latin America Division in 2017, where he oversaw the finance and planning function for Central America, Argentina, Colombia, and Uruguay. Throughout his career, Mr. Gerardo Cruz has been a strong advocate for Inclusion & Diversity, serving as President of Coca-Cola FEMSA's Inclusion & Diversity Board for the past two years, contributing to the company's efforts to make KOF a better place for everyone to work in. He holds a Bachelor's degree in Economics with a minor in Finance, and a Master's degree in Applied Statistics from Tec de Monterrey.
As previously announced, Constantino Spas has been appointed FEMSA´s Strategic Businesses CEO as of January 1, 2023, after a successful tenure of four years as Coca-Cola FEMSA´s CFO.
Constantino will work alongside Gerardo to ensure an orderly and seamless transition of CFO duties.
Coca-Cola FEMSA SAB de CV published this content on 29 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2022 02:59:31 UTC.
Coca-Cola FEMSA, S.A.B. de C.V. is a franchise bottler of Coca-Cola trademark beverages across the world. The Company and its subsidiaries are engaged in the production, distribution and marketing of certain Coca-Cola beverages. It is also engaged in acquiring, holding and transferring all types of bonds, shares and marketable securities. The Company's segments include Mexico and Central America division, which comprises Mexico (including corporate operations), Guatemala, Nicaragua, Costa Rica and Panama; the South America division, which consists of Brazil, Argentina and Colombia; Venezuela, which operates in an economy with exchange control and hyper-inflation, and the Asian division, which consists of the Company's equity method investment in Coca-Cola FEMSA Philippines, Inc. The Coca-Cola trademark beverages include sparkling beverages (colas and flavored sparkling beverages), waters and still beverages (including juice drinks, coffee, teas, milk, dairy and isotonic drinks).
COCA-COLA FEMSA, S.A.B. DE C.V. 
