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CEO of embattled Mexican builder ICA quits - sources

Published Tue, Feb 23, 2016 · 09:50 PM

Mexico City

ALONSO Quintana Kawage, chief executive of Mexico's cash-strapped construction company ICA, is leaving his post, two sources familiar with the matter said, as the company struggles to renegotiate its multi-billion dollar debt load.

The move is part of a wider restructuring aimed at regaining investor confidence after the company's steep slump into debt and a cash crunch under Mr Quintana, the grandson of ICA's founder and who became CEO in 2012.

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