Grupo Cementos de Chihuahua SAB de CV : New Chairman of the Board
April 28, 2015 at 09:13 pm EDT
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Microsoft Word - Relevant Event - New Chairman of the Board 25abr13.docx
RELEVANT EVENT
GCC shareholders' meeting appoints Federico the Board
Terrazas
Becerra as Chairman of
Chihuahua, Chihuahua, April 2
, 2013 ‐ Grupo Cementos de Chihuahua, S.A.B. de C.V. (BMV:
GCC*) (the Company) informs that at the annual shareholders meeting held on April 24, 2013, Federico Terrazas Becerra was appointed Chairman of the Board.
Federico
Terrazas Becerra substitutes his
father, Federico Terrazas Torres, who held the
appointment since
Directors of GCC.
1976. Mr.
Terrazas Torres is continuing as
a member
of the Board of
Federico Terrazas Becerra has been a member of the Board of Directors since 1991, and he is
also member of the Board of
Directors
of several
other Companies. Mr.
Terrazas holds a
Bachelor's Degree and a Master´s Degree in Business Administration from ITESM. Additionally he completed the Owner/President Management Program Unit I at Harvard Business School.
About GCC
GCC is a leading supplier of cement, aggregates, concrete and construction‐related services in Mexico and the United States. The Company has an annual cement production capacity of 4.6 million tons.
Founded in 1941, the Company's shares trade on the Mexican Stock Exchange under the ticker symbol GCC*.
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.