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Changes at FCC

12/09/2017

Changes at FCC

  • Carlos M. Jarque steps down as CEO of FCC and returns to Mexico
  • While reuniting America Móvil, he will continue to be a member of FCC's Board of Directors
  • The Board has appointed Pablo Colio to replace Jarque
  • The Board of Directors granted discharge to Jarque and thanked him for his services
Changes at FCC

Carlos M. Jarque has stepped down as CEO of FCC. In his announcement to the Board, he said that he had always seen his period at FCC as necessarily temporary. He said that he had achieved his goals and that, for personal reasons, he wished to return to Mexico to be closer to his family. He added that, "notwithstanding the challenges that remain, under the leadership of Mr. Carlos Slim and with the support of the company's Board, executives and staff, FCC is now experiencing a new and positive cycle, as reported to the last Shareholders' Meeting on 28 June 2017, which offers me the opportunity to return to Mexico and rejoin America Móvil."

Jarque thanked the Board of Directors and all the employees for their support during his period as CEO. In particular, he expressed his gratitude for the support and trust of Carlos Slim, Esther Koplowitz and Esther Alcocer in achieving the goals set for the company upon his appointment as CEO. He wished every success to FCC and its new CEO, Pablo Colio. Jarque will remain as a member of the Board of Directors of FCC. The Board of Directors granted discharge to Jarque and thanked him for his services.

Pablo Colio graduated from the Madrid School of Architecture in 1994. He has been working at FCC for close to 23 years. He has been General Manager of FCC Construction since January 2017. From May 2016 to December 2016, he was Manager of FCC Construction International and General Manager of FCC Industrial. Between September 2012 and April 2016, he was General Manager of FCC Industrial. He was formerly Head of the Building Department in Iberia Servicios y Obras.