Mexican dairy company Grupo Lala has announced its chief executive officer Mauricio Leyva will step down at the end of the year.
Leyva has held the CEO position since September 2018.
In a statement, Lala said the company’s results for the fiscal year “have fallen short of stated goals and objectives”. Lala’s board of directors has begun a process to identify and appoint a new CEO.
The company has reappointed Arquímedes Celis Ordaz to the role of CEO on an interim basis.
Celis, who retired as Lala’s CEO in 2015, first joined the company in 2001. During his tenure at the helm, Lala grew sales organically by 11.6% and EBITDA by 11.2% annually.
Group Lala said Celis has more than 37 years of experience in related senior management roles “with extensive experience in sales, marketing and operations”. Celis also serves on the board of directors of Pilgrim’s Pride Corporation.
Earlier this year, Grupo Lala relocated its corporate headquarters to the WeWork Santa Fe complex in Mexico City.
Source: FoodBev
Braun currently serves as EVP and president for international development, overseeing the company’s operating units for Latin America; Japan and South Korea; ASEAN and South Pacific; Greater China and Mongolia; Africa; India and Southwest Asia; and Eurasia and Middle East.
Thompson brings over 35 years of experience in the consumer packaged goods industry, with a strong background in sales, marketing and general management. Before joining Nestlé, he served as CEO of Ghirardelli Chocolate Company and held leadership roles at Clorox Company and Procter & Gamble.
Mondelez International has named Volker Kuhn executive vice president and president of its European division, effective April 1, 2025. Kuhn will replace Vinzenz Gruber, who is set to retire on April 1, 2025. In these new roles, Kuhn will report directly to Dirk Van de Put, chairman and chief executive officer of Mondelez.
