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Caribbean Cement Company Limited Appoints New General Manager

Caribbean Cement Company Limited (CCC) has advised that effective November 7, 2016, Mr. Peter Donkersloot Ponce will replace Mr. Alejandro Varés Leal as the Company’s General Manager.

In a previously published notice to stakeholders, TCL (the Parent Company of CCC) had advised that Mr. Alejandro Varés Leal would assume the position of General Manger of CCC, pursuant to the Technical and Managerial Services Agreement dated April 23, 2015.

CCC has advised, however, that Mr. Varés Leal has subsequently been offered a promotion within CEMEX México, as Vice President of Infrastructure and Government Sales, and  in accordance with the Agreement, CEMEX has proposed a new candidate – Mr. Peter Donkersloot Ponce – to replace Mr. Varés Leal as General Manager of CCC.  Mr. Donkersloot Ponce has over ten years working experience in the Cement Industry, holding key positions in four different countries in Commercial Areas, Strategic Planning and General Management. TCL, being satisfied that Mr. Donkersloot Ponce is experienced and qualified to perform the role, has agreed to his appointment as General Manager of CCC, effective November 7, 2016.

Mr. Alejandro Varés Leal will continue to serve as a Director on the Board of CCC.