Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Fresnillo CEO Jaime Lomelín Retires - Quick Facts

Fresnillo plc (FRES.L) announced the retirement of Jaime Lomelín as CEO. The company also said it named Octavio Alvidréz as CEO designate.

Alvidréz is currently General Manager of the Madero mine, one of Mexico's largest zinc mines and an important operation for Peñoles.

Alvidréz joined Peñoles in August 1998. Since then he has held a number of senior operational and financial positions across Peñoles and Fresnillo, including that of Treasurer, Head of Investor Relations in London and Head of Procurement.

Alvidréz was the unanimous choice of the Board to succeed Lomelín following a vigorous review process and recommendation by the Nominations Committee. He will formally take on the role on August 15, 2012, following a handover period.

Click here to receive FREE breaking news email alerts for Fresnillo PLC and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
First-time claims for U.S. unemployment benefits unexpectedly decreased in the week ended September 27th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims fell to 287,000, a decrease of 8,000 from the previous week's revised level of 295,000. After ending the previous session sharply lower, stocks may see some further downside in early trading on Thursday. The major index futures are currently pointing to a moderately lower open for the markets, with the Dow futures down by 31 points. The European Central Bank left its key interest rates unchanged at a record low, after reducing them in a surprise move last month, as economic momentum in the euro area remains subdued. The Governing Council, led by President Mario Draghi, held the refinancing rate at a record low 0.05 percent following its policy meeting in Naples, Italy on Thursday.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.