FCC eyes new CEO

18 January 2013 Spanish construction firm FCC is expected to appoint a new chief executive officer next week.
The board of directors at FCC will propose that Juan Bejar replace current chief executive Baldomero Falcones, after five years in the position, according to local media.

Bejar is currently chairman of FCC’s subsidiary, Cementos Portland Valderrivas and Globalvia. Previously, he was the chairman at Citigroup Infrastructure Management and chief executive at Ferrovial and Cintra.

Should the appointment be confirmed, Bejar will take his position at a time when FCC is restructuring in order to meet the drop in its construction business and pay a €1.6bn debt accrued from its Austrian-based subsidiary, Alpine.

This page was last updated on:
24 July 2017.

thumb

A right Carilli-on

The firmís woes go to show that PPP deals are not the risk-free cash cows opponents like to imagine them to be

thumb

The Insurance Man

Darryl Murphy, head of debt investment at Aviva Investors discusses where he intends to take the organisation next

register

Register now to get un-restricted access to all sections of the website.

Want to see more first? Try our free preview...