Madrid-based FCC Group has announced Carlos M. Jarque has stepped down as CEO, and the board of directors has unanimously decided to name Pablo Colio as his replacement.
Jarque says he has achieved his goals and , for personal reasons, he wishes to return to Mexico to be closer to his family.
Jarque adds, “Notwithstanding the challenges that remain, under the leadership of Mr. Carlos Slim and with the support of the company’s board, executives and staff, FCC is now experiencing a new and positive cycle as reported to the last shareholders’ meeting on 28 June 2017, which offers me the opportunity to return to Mexico and rejoin America Móvil.”
Jarque thanked the board of directors and all FCC employees for their support during his period as CEO. He expressed his gratitude for the support and trust of Slim, Esther Koplowitz and Esther Alcocer in achieving the goals set for the company upon his appointment as CEO. He wished every success to FCC and its new CEO Colio. Jarque will remain as a member of the board of directors of FCC. The board of directors granted discharge to Jarque and thanked him for his services.
Colio graduated from the Madrid School of Architecture in 1994. He has been working at FCC for nearly 23 years. His roles include general manager of FCC Construction since January 2017; from May 2016 to December 2016, he was manager of FCC Construction International and general manager of FCC Industrial; between September 2012 and April 2016, he served as general manager of FCC Industrial; and he was formerly head of the building department in Iberia Servicios y Obras.
Colio will combine the new position of CEO with his previous role as general manager of FCC Construction.
Colio says he “would like to thank all members of the board of directors and shareholders for their trust in me. It is a great honor to assume this responsibility that I accept with enthusiasm and excitement, dreaming of a great future for FCC Group.”