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San Pedro Garza García, Mexico, November 16th , 2018 – Vitro, S.A.B. de C.V. (BMV:VITROA), hereinafter “Vitro” or the “Company”, a leading glass producer in North America, announces that after a distinguished career in the industry, Richard Beuke has taken the decision to retire effective March 31st , 2019. Vitro recognizes his leadership and achievements accomplished during the 42 years of his career.
Aligned to this, Ricardo Maiz has accepted the position of President of Vitro Architectural Glass starting January 1st, 2019. By this date, all direct reports of Richard Beuke will report to Ricardo Maiz.
Ricardo Maiz, holds a bachelor’s degree in economics from the ITESM and has an MBA from Wharton School of Business. With 18 years of experience in the glass industry, Ricardo has held different executive positions at Vitro in areas such as Strategic Planning, Finance, and Business Development.
To ensure a smooth and effective transition, Richard will support Ricardo through March in his new role.
Vitro, S.A.B. de C.V. (BMV: VITROA) is the leading glass manufacturer in Mexico and one of the world’s major companies in its industry, backed by more than 100 years of experience. Founded in 1909 in Monterrey, Mexico, the Company has subsidiaries in the Americas, offering quality products and reliable services to meet the needs of two businesses: glass containers and flat glass. Companies of Vitro produce, process, distribute, and market a wide range of glass articles, which are part of the daily life of thousands of people. Vitro offers solutions for multiple markets, including cosmetic, pharmaceutical and toiletries, as well as architectural and automotive. The Company is also a supplier of chemical products and raw material, machinery, molds and equipment for industrial use. As a socially responsible organization, Vitro works on several initiatives aligned to its Sustainability Model, aiming to create a positive influence in the economic, social, and environmental aspects relevant to its stakeholders, in a responsible corporate management framework.