ALEATICA, S.A.B. DE C.V. INFORMS ABOUT CHANGES TO ITS BOARD OF DIRECTORS
Mexico City, Mexico, March 7, 2022.- In line with Aleatica’s global efforts to continue to strengthen corporate governance in all the geographies in which it operates, Aleatica, S.A.B. de C.V. (the “Company”) informs the market that today the Board of Directors of the Company (the “Board”) appointed Mr. David Antonio Díaz Almazán as member and chairman of the Board, subject to ratification at the next Ordinary Shareholders’ Meeting, in line with the Company’s bylaws.
As stated in the press release issued on this date by Aleatica SAU (the “Press Release”), Mr. Díaz Almazán has also been appointed CEO of the Aleatica Group (Aleatica SAU). He takes over for Mr. Ken Daley, who has been appointed chairman of the Board of the Aleatica Group.
Mr. Díaz Almazán previously served as CFO of X-Elio, a leading global company in the energy field. He has nearly two decades of experience within the global toll road sector having served as CEO of Arteris, the largest toll-road operator in Brazil in terms of kilometers managed, and occupied several senior positions in Abertis Infraestructuras. He also has a decade of experience in the financial sector.
The Company reaffirms its commitment to continuing to implement leading practices in its operations and corporate governance. It will continue to work along the five core pillars that guide its actions: Safety First, Social and Environmental Sustainability, Excellence in Service, Transparency and Corporate Governance, and Passion for Our Team.
The Press Release reads as follows:
Madrid, Spain, March 7, 2022.- The Aleatica Group (“Aleatica SAU” or the “Company”) announces that its Board of Directors has appointed Mr. David Antonio Díaz Almazán as a Director and the Company’s CEO. He succeeds Mr. Ken Daley, who the Board decided to appoint as its Chairman. Mr. Díaz Almazán has also been proposed as Chairman of the Board of Directors of Aleatica, S.A.B. de C.V., also to succeed Mr. Daley.
David Díaz Almazán previously served as CFO of X-Elio, a leading company in the renewable energy field with presence in ten countries across Europe, the Americas and Asia Pacific. He has nearly two decades of experience within the global toll road sector having served as CEO of Arteris, the largest toll-road operator in Brazil in terms of kilometers managed, and occupied several senior positions in Abertis Infraestructuras, including responsibilities over a portfolio of road concessions in Argentina, Chile, Colombia, and Puerto Rico.
Mr. Díaz Almazán has successfully led the integration of new assets into highly internationalized corporations, overcoming the challenges entailed by cultural transformation, the adoption of global best practices, and financial operation. Throughout his career, he has also established strong institutional relationships with key stakeholders in all relevant areas, displaying personal commitment to the highest standards of corporate governance and accountability. All this, while generating value for shareholders.
Furthermore, Mr. Díaz Almazán has a decade of experience in the financial sector, having worked for la Caixa in its units in charge of private equity and corporate finance, as well as in its foundation. He has strong working relationships with financial partners at the global level, as well as locally in many countries.
Ken Daley served as CEO of the Aleatica Group since October 9, 2019. He has more than four decades of experience within the global toll road sector and an impressive record of leadership and operational expertise, a profound understanding of best-in-class operating standards, practices, and values. The Board of Directors of the Aleatica Group formally expressed its appreciation for Mr. Daley’s many outstanding contributions as CEO, leading the company’s efforts to consolidate its place as an emblematic and responsible company, as well as for those of its outgoing Chairman, Mr. Michael Kulper.
Aleatica remains committed to raising industry standards through continued focus on its five strategic pillars: Safety First, Social and Environmental Sustainability, Excellence in Service, Transparency and Corporate Governance, and Passion for Our Team. The company’s majority shareholder is IFM Global Infrastructure Fund, whose trustee is advised by IFM Investors Pty Ltd, one of the largest infrastructure investors in the world founded with a purpose to protect and grow the long-term retirement savings of working people.
About Aleatica, S.A.B. de C.V.
Aleatica, S.A.B. de C.V. is positioned as a relevant transport infrastructure operator in the industry within the metropolitan area of Mexico City, both for the number of concessions awarded and the miles of highways under management. Currently, Aleatica, S.A.B. de C.V. builds, manages, operates and maintains 7 toll roads and one airport. The highway and related infrastructure concessions are located in urban areas with high vehicular traffic in Mexico City, the State of Mexico and the State of Puebla. In the airport sector, Aleatica participates in the integral management of the second largest airport serving the Mexico City metropolitan area. For more information visit our web page www.aleatica.com.
