CONSORCIO ARA APPOINTS NEW CHIEF FINANCIAL OFFICER AND INVESTOR RELATIONS OFF
10 Julio 2017 - 6:41PM
BMV General Information
MEXICO CITY, JULY 10, 2017 - CONSORCIO ARA, S.A.B. DE C.V. ("ARA" -
BMV: ARA*) ANNOUNCED THE APPOINTMENT OF ALICIA ENRIQUEZ PIMENTEL AS
THE NEW CHIEF FINANCIAL OFFICER, STEPPING IN FOR J. SACRAMENTO SOTO
SOLIS, WHO IS RETIRING FROM THE COMPANY AFTER MORE THAN 27 YEARS OF
COLLABORATION TO PURSUE NEW PERSONAL PROJECTS.ALICIA JOINED
CONSORCIO ARA IN 2002. IN HER FIRST SEVEN YEARS WITH THE COMPANY
SHE WORKED IN THE ADMINISTRATION AND FINANCE AREA, WHERE SHE
PARTICIPATED IN THE SECONDARY PUBLIC OFFERING AND IN THE PROCESS OF
OBTAINING CREDIT RATINGS, AND WAS RESPONSIBLE FOR IMPLEMENTING A
CHANGE IN THE ACCOUNTING POLICY FOR REVENUE RECOGNITION. IN 2009
SHE JOINED THE INVESTOR RELATIONS AREA AND IN 2014 WAS NAMED
DIRECTOR OF THAT AREA, A TITLE SHE WILL CONTINUE TO HOLD. SHE HAS
AN UNDERGRADUATE DEGREE IN ACCOUNTANCY FROM THE UNIVERSIDAD
NACIONAL AUTNOMA DE MXICO (UNAM) AND A MASTER'S DEGREE INBUSINESS
ADMINISTRATION FROM THE INSTITUTO TECNOLGICO DE ESTUDIOS SUPERIORES
DE MONTERREY (ITESM). AT THE START OF HER CAREER SHE WORKED FOR
FIVE YEARS WITH THE FIRM DELOITTE.
GERMN AHUMADA RUSSEK, CHAIRMAN OF THE BOARD OF DIRECTORS OF
CONSORCIO ARA, REMARKED: "WE ARE GRATEFUL TO SACRAMENTO FOR HISWORK
ALL THESE YEARS, WHICH HAS CONTRIBUTED TO OUR FINANCIAL SOLIDITY, A
STRENGTH I AM SURE WE WILL MAINTAIN WITH ALICIA'S TRACK RECORD AND
EXPERIENCE. "*****
ABOUT CONSORCIO ARACONSORCIO ARA DESIGNS, PROMOTES, BUILDS AND
SELLS HOUSING PROJECTS IN THE AFFORDABLE ENTRY-LEVEL, MIDDLE-INCOME
AND RESIDENTIAL SEGMENTS,AS WELL AS THE CONSTRUCTION AND LEASING OF
SHOPPING CENTERS, IN MEXICO, IT HAS MORE THAN 40 YEARS OF
EXPERIENCE DURING WHICH IT HAS SOLD 335,000 HOMES THAT ARE TODAY
INHABITED BY APPROXIMATELY 1.34 MILLION MEXICANS. IT HAS A PRESENCE
IN 16 STATES AND 46 OPERATING DEVELOPMENTS. SINCE 1996, WHEN ARA
FIRST WENT PUBLICON THE MEXICAN STOCK EXCHANGE, IT HAS BEEN
CHARACTERIZED BY A DIVERSIFIED PRODUCT OFFERING AND A LONG-TERM
VISION, WITH A SOLID FINANCIAL STRUCTURE, LIQUIDITYAND A MODERATE
LEVEL OF DEBT.