DGAP-News: ICA Appoints Alonso Quintana as Chief Executive Officer

(firmenpresse) - Empresas ICA, S.A.B. de C.V.

26.03.2012 22:35
---------------------------------------------------------------------------

MEXICO CITY, 2012-03-26 22:35 CEST (GLOBE NEWSWIRE) --
Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), announced that its Board of
Directors appointed Alonso Quintana Kawage as the new Chief Executive Officer,
effective July 1, 2012. Mr. Quintana Kawage is currently Chief Operating
Officer and head of the Executive Committee. He succeeds Jose Luis Guerrero
Alvarez, who has served as CEO since 2007.

Alonso Quintana joined ICA in 1994, holding several operational positions in
our business units. He has been a member of ICA's senior management team since
2007 and a member of the Board of Directors since 2008. He became Chief
Operating Officer and head of the Executive Committee in July 2011. From 2007
to 2011, he served as Chief Financial Officer, where he led the efforts to
secure financing for such landmark projects as the La Yesca hydroelectric
project. In addition, he led several international equity and bond offerings.
Mr. Quintana is a civil engineering graduate of the Universidad Iberoamericana,
and has an MBA from the Kellogg School of Management of Northwestern University
in Chicago.

The Board also approved the retirement of Jose Luis Guerrero. Dr. Guerrero will
continue to be a member of the Board of Directors of ICA and Chairman of the
Board of OMA, our publicly-listed subsidiary that operates airports.

Bernardo Quintana, ICA's Chairman of the Board, said, 'Today's announcement is
the next step in a process of renewal of ICA's senior management team that
began in 2007. Since then, we have been steadily promoting a new generation of
leaders across the organization. The Board's appointment of Alonso Quintana as
CEO is a recognition of his leadership and contributions as Chief Operating


Officer, head of the Executive Committee, and Chief Financial Officer. During
this period, ICA embarked on a phase of growth and increased profitability,
securing our position as the leading company in the construction and operation
of infrastructure in Mexico.'

Bernardo Quintana continued, 'I also want to express my appreciation to Jose
Luis Guerrero for his outstanding service to ICA over 33 years. As CEO and
during two terms as CFO, Jose Luis contributed tremendously to ICA's evolution
and successes. We will continue to benefit from his counsel and experience on
the Boards of ICA and OMA.'

Empresas ICA, S.A.B. de C.V. is Mexico's largest construction and
infrastructure operations company. Founded in 1947, ICA's principal lines of
business are civil and industrial construction and engineering; infrastructure
operations, including airports, toll roads, and water systems; and
homebuilding. For more information visit www.ica.com.mx/ir.

The Empresas ICA, S.A.B. de C.V. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=10914

This press release may contain projections or other forward-looking statements
related to ICA that reflect ICA's current expectations or beliefs concerning
future events. Such forward-looking statements are subject to various risks and
uncertainties and may differ materially from actual results or events due to
important factors such as changes in general economic, business or political or
other conditions in Mexico, Latin America or elsewhere, changes in capital
markets in general that may affect policies or attitudes towards lending to
Mexico or Mexican companies, changes in tax and other laws affecting ICA's
businesses, increased costs, unanticipated increases in financing and other
costs or the inability to obtain additional debt or equity financing on
attractive terms and other factors set forth in ICA's most recent filing on
Form 20-F and in any filing or submission ICA has made with the SEC subsequent
to its most recent filing on Form 20-F. All forward-looking statements are
based on information available to ICA on the date hereof, and ICA assumes no
obligation to update such statements.


CONTACT: Investor Relations:
Luz Montemayor
luz.montemayor@ica.com.mx

Iga Wolska
iga.wolska@ica.com.mx

relacion.inversionistas@ica.com.mx
(5255) 5272 9991 ext.3692

Victor Bravo, CFO
victor.bravo@ica.com.mx

In the United States:
Daniel Wilson Zemi Communications,
(1212) 689 9560
dbmwilson@zemi.com
News Source: NASDAQ OMX



26.03.2012 Dissemination of a Corporate News, transmitted by DGAP -
a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------------

Language: English
Company: Empresas ICA, S.A.B. de C.V.


United States
Phone:
Fax:
E-mail:
Internet:
ISIN: US2924482068
WKN:

End of Announcement DGAP News-Service

---------------------------------------------------------------------------
Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 26.03.2012 - 22:35 Uhr
Sprache: Deutsch
News-ID 603922
Anzahl Zeichen: 6003

Kontakt-Informationen:

Kategorie:

Wirtschaft (allg.)

Diese Pressemitteilung wurde bisher 453 mal aufgerufen.

DGAP-News: ICA Signs Ps. 2,985 Million Agreement for Upgrading and Maintaining Federal Highways in Sonora ...
Empresas ICA, S.A.B. de C.V. 15.05.2012 15:00 --------------------------------------------------------------------------- MEXICO CITY, 2012-05-15 15:00 CEST (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), the largest engineering, construction, procurement and infrastructure

DGAP-News: ICA Publishes Its Annual Report and Files Form 20-F for 2011 ...
Empresas ICA, S.A.B. de C.V. 01.05.2012 03:51 --------------------------------------------------------------------------- MEXICO CITY, 2012-05-01 03:51 CEST (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA) announced today that it filed its Annual Report for the fiscal year e

DGAP-News: ICA Acquires the Barranca Larga-Ventanilla Tollroad Concession in Oaxaca ...
Empresas ICA, S.A.B. de C.V. 16.04.2012 14:00 --------------------------------------------------------------------------- MEXICO CITY, 2012-04-16 14:00 CEST (GLOBE NEWSWIRE) -- Empresas ICA, S.A.B. de C.V. (BMV:ICA) (NYSE:ICA), the largest engineering, construction, procurement and infrastructure

Weitere Mitteilungen von Empresas ICA, S.A.B. de C.V.

Neue OZ: Kommentar zu Soziales / Pflege ...
Absurd und ungerecht Der Beruf des Altenpflegers ist körperlich hart und psychisch anspruchsvoll. Alte Menschen bedürfen mindestens so großer Aufmerksamkeit wie Kinder und Krankenhauspatienten. Sie müssen gewaschen werden, benötigen exakt dosierte Medikamente und viel Zuwendung. Wer

Börsen-Zeitung: Klein und dezentral, Kommentar zur Netzanbindung neuer Wind- oder Solarparks, von Ulli Gericke ...
Strom aus Wind, Wasser und Sonne ist grundsätzlich gut - weil er das Weltklima schont und die rapide teurer werdenden Gas-, Öl- und Kohleimporte begrenzt. Zwar ist auch Elektrizität aus erneuerbaren Quellen nicht kostenlos. Doch sind die Zeiten überbordender Aufwendungen für neu installiert

Westfalen-Blatt: Das Westfalen-Blatt (Bielefeld) zum Thema Leiharbeit: ...
Es darf nicht sein, dass in einem Land wie Deutschland, das sich die soziale Marktwirtschaft auf seine Fahnen geschrieben hat, für die gleiche Arbeit unterschiedliche Löhne gezahlt werden. Das sehen auch die meisten Politiker so. Die Frage ist also nicht das »Ob«, sondern das »Wie«. Wie ka

DGAP-News: Realtime Technology AG: RTT wechselt in den Entry Standard ...
DGAP-News: Realtime Technology AG / Schlagwort(e): Sonstiges Realtime Technology AG: RTT wechselt in den Entry Standard 26.03.2012 / 20:00 --------------------------------------------------------------------- CORPORATE NEWS 01/2012 Führender Anbieter von 3D High-end Visualisierungslösungen ver