logo
Share SHARE
FONT-SIZE Plus   Neg

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.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple and Hertz Global Holdings Inc. will work hand in hand to develop self driving vehicles. Bloomberg reported that Apple will hand over six Lexus SUVs to Hertz subsidiary Donlen fleet management unit for software testing. The leasing agreement between Apple and Hertz for a small fleet of vehicles was revealed by the California Department of Motor vehicles. The document listed Donlen as the le Apple Inc. has acquired German computer vision company SensoMotoric Instruments, a maker of eye-tracking glasses and systems, according to media reports. Financial terms of the deal are not known. The acquisition is expected to help Apple develop software that will be built into future versions of the iPhone or other new hardware. Western Digital Corp. and U.S. private equity firm KKR & Co. LP have resubmitted an offer for Toshiba Corp.'s flash memory chip unit, according to media reports on Tuesday. The new offer is said to be around 2 trillion yen. Western Digital's re-submission of a bid comes amid speculation that Toshiba might sign an agreement by Wednesday to sell the business to a Japanese-led consortium.
comments powered by Disqus
Follow RTT