ICA announced the sudden death of CEO Luis Fernando Zárate, who passed away from cancer on October 19, 2016. ICA's operations will continue as usual and that the board of directors will meet shortly in order to make the relevant decisions about the future leadership of the company. Board chairman Bernardo Quintana will serve as the interim CEO. Zárate, who worked at ICA for over 40 years, had been named the company's CEO at the beginning of the year 2016 after former CEO Alfonso Gónzalez stepped down from the position.