Insiders

Carlos Slim wants Mexican Carlos Jarque as FCC CEO

August 18, 2015 at 02:39 am EDT

MADRID (Reuters) - Mexican magnate Carlos Slim, the main shareholder of FCC (>> Fomento de Construcciones y Contratas SA), wants to appoint a senior manager from America Movil (>> America Movil SAB de CV) as chief executive of the Spanish construction firm, Spanish daily Cinco Dias said on Tuesday.

Slim wants to replace Chief Executive Juan Bejar with Carlos Jarque, 60, the head of international, corporate and governmental affairs at America Movil, the newspaper reported, citing "reliable sources".

If appointed, Mexican Jarque, described by Cinco Dias as "an expert in economics and statistics", would be the first foreigner to head up a large Spanish construction company.

Slim raised his stake in FCC to 25.6 percent stake via a rights issue last year. Bejar signaled afterwards that he would resign and is due to leave at the end of September. FCC said in July it had hired a head hunters to find a replacement.

The appointment could be made at an "imminent" FCC board meeting, said Cinco Dias.

No one was immediately available at FCC to comment on the report.

(Reporting by Sarah Morris; editing by David Clarke)

Stocks treated in this article : Fomento de Construcciones y Contratas SA, America Movil SAB de CV

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	FOMENTO DE CONSTRUCCIONES Y CONTRATAS, S.A.	13.9 EUR	+2.51%	+5.46%	6.59B
	AMÉRICA MÓVIL, S.A.B. DE C.V.	19.6 MXN	+0.67%	+0.36%	61.45B

Carlos Slim Helú

Founder of 5 different companies, notably: America Movil SAB de CV, Teléfonos de México SAB de CV and Grupo Financiero Inbursa SAB de CV, Carlos Slim Helú is an entrepreneur and businessperson who has been the head of 13 different companies and currently holds the position of Chairman for Minera Frisco SAB de CV, Chairman at Asociación Mexicana de Intermediarios Bursátiles AC, Chairman of Instituto Carlos Slim de la Educación, A.C., Chairman at América Telecom SA de CV, Chairman of Carso Infraestructura y Construcciones SA de CV and Chairman at Promotora del Desarrollo de América Latina SA de CV. He is also Chairman of Fundación Telmex AC, Chairman of Fundación Carlos Slim Helú AC and Chairman of Telemex Foundation AC and on the board of 10 other companies. In the past he occupied the position of Chairman for Carso Global Telecom SAB de CV, President for Bolsa Mexicana de Valores SAB de CV, Chairman at Teléfonos de México SAB de CV (he founded the company in 1990), Director at America Movil SAB de CV and Chairman Emeritus at Grupo Financiero Inbursa SAB de CV. Carlos Slim Helú received an undergraduate degree from Universidad Nacional Autónoma de México.

View full profile

Linked companies
América Telecom SA de CV América Telecom SA de CV Wireless TelecommunicationsCommunications América Telecom SA de CV provides cellular and telecommunication services. It provides telecommunication services, through its subsidiary Telcel, in the nine mobile regions into which Mexico is divided. Its other subsidiaries include Corporativo Empresarial en Telecomunicaciones, Orca, Technology Fund One, Enitel Intelsat, Construccion y Servicios Internacionales, Techtel LMDS Comunicaciones Interactivas SA, Telet SA, Americel SA, Comunicacion Celular SA, Consorcio Ecuatoriano de Telecomunicaciones SA, Telecomunicaciones de Guatemala, SA, Telcel CompUSA, Inc., TracFone Wireless, Inc., Arbros Communications, Inc. and Genesis Telecom CA, which operate in various countries in the American continent. The company was founded in December 2001 and is located in Mexico City, Mexico.	Chairman
Promotora del Desarrollo de América Latina SA de CV Promotora del Desarrollo de América Latina SA de CV Engineering & ConstructionIndustrial Services Promotora del Desarrollo de America Latina SA de CV acquires, develops, and promotes infrastructure projects. It operates as a subsidiary of Impulsora del Desarrollo y el Empleo en America Latina SAB de CV. The company is headquartered in Mexico City, Mexico	Chairman

Linked companies