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Monterrey, N.L. Mexico. August 15, 2017.- Nemak, S.A.B. de C.V. ("Nemak") (BMV: NEMAK), a leading provider of innovative lightweighting solutions for the global automotive industry, informs today that Napoleón Cantú has decided to leave the company to pursue other professional opportunities.
Ramiro Montero will now assume the position of VP Manufacturing and Product Development reporting to the CEO. He has more than 17 years of experience in manufacturing and product development areas of Nemak's global operations, most recently serving as head of our purchasing activities and smelting center operations in Mexico. Ramiro earned a bachelor´s degree and a master´s degree from Tecnológico de Monterrey.
These changes will be effective September 1, 2017.
Nemak is a leading provider of innovative lightweighting solutions for the global automotive industry, specializing in the development and manufacturing of aluminum components for powertrain and body structure applications. The company employs more than 23,000 people at 38 facilities worldwide, generating revenues of US$4.3 billion in 2016. For more information about Nemak, visit www.nemak.com