December 16, 2019
Mexico's Grupo Lala said Friday that CEO Mauricio Leyva has agreed to step down on December 31 after this year's financial results "have fallen short of stated goals and objectives aligned with strengthening the company's profitability."
The dairy company has appointed former CEO and current board member Arquímedes Celis to step in for Leyva as it searches for a permanent replacement, according to a securities filing.
Celis worked for Lala for 14 years until he retired as CEO in early 2015. Duri
Mexican dairy company parts ways with Mauricio Leyva after financial results fall short of expectations for the year