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Pablo Colio Announced as FCC's New CEO

Carlos M. Jarque has stepped down as the CEO of FCC Group and the Board of Directors has unanimously named Pablo Colio as his replacement.
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FCC Group: Pablo Colio, FCC Group CEO and General Manager of FCC Construccion.
Pablo Colio, FCC Group CEO and General Manager of FCC Construccion.

Carlos M. Jarque has stepped down as CEO of FCC Group and the Board of Directors has unanimously decided to name Pablo Colio as his replacement. Mr. Jarque said that he had achieved his goals and that, for personal reasons, he wished to return to Mexico to be closer to his family. He added that, "notwithstanding the challenges that remain, under the leadership of Mr. Carlos Slim and with the support of the company's Board, executives and staff, FCC is now experiencing a new and positive cycle, as reported to the last Shareholders' Meeting on 28 June 2017, which offers me the opportunity to return to Mexico and rejoin America Móvil."

 

Jarque thanked the Board of Directors and all the employees for their support during his period as CEO. In particular, he expressed his gratitude for the support and trust of Carlos Slim, Esther Koplowitz and Esther Alcocer in achieving the goals set for the company upon his appointment as CEO. He wished every success to FCC and its new CEO, Pablo Colio. Jarque will remain as a member of the Board of Directors of FCC. The Board of Directors granted discharge to Jarque and thanked him for his services.

 

Pablo Colio graduated from the Madrid School of Architecture in 1994. He has been working at FCC for close to 23 years. He has been General Manager of FCC Construction since January 2017. From May 2016 to December 2016, he was Manager of FCC Construction International and General Manager of FCC Industrial. Between September 2012 and April 2016, he was General Manager of FCC Industrial. He was formerly Head of the Building Department in Iberia Servicios y Obras.

 

Colio will combine the new position of CEO with his previous role as General Manager of FCC Construccion. Within FCC Group, Colio also served as the General Manager of FCC Industrial. He was responsible for its international expansion and the unification of all industrial companies of FCC Group under the brand FCC Industrial.

 

In his first words after his appointment, the new CEO thanked the Board of Directors and shareholders for his appointment. He also acknowledged the trust placed in him to take on this new role within FCC Group as a person with a clear vision of the business and a long career within the company. He said he "would like to thank all members of the Board of Directors and shareholders for their trust in me. It is a great honor to assume this responsibility that I accept with enthusiasm and excitement, dreaming of a great future for FCC Group ".

 

The Board of Directors of FCC has made an explicit recognition of the work of Carlos M. Jarque during the years he headed the company.

FCC Group

About FCC Group

FCC Group is a world leader in providing services to citizens. The environmental services division of the company has been active for over 100 years and has built its success on a commitment to innovation and helping cities to become smarter, more sustainable, and more socially conscious. It currently serves more than 59 million people in 13 countries with a network of more than 250 recycling and recovery facilities - and 10 existing waste to energy projects with a capacity of over 2.6 million tonnes and 300MW of power output. FCC’s backlog in environmental services was 11.152 billion euros at the end of 2016, with the business area also accounting for 52.6 per cent of FCC Group’s EBITDA. The company continues to grow internationally and started work on the construction of the Recycling and Energy Recovery Centre in Edinburgh and Midlothian in 2015; as well as officially opening an EfW plant in Buckinghamshire. At the end of 2016 FCC secured several municipal waste collection contracts in Barrow-in-Furness borough council, Cumbria (United Kingdom), and in the city of Prostějov in the Czech Republic. In 2017 it has already been awarded its fourth (in Garland) and fifth (in Mesquite) recycling contracts in the state of Texas in the United States, with the recyclable materials due to be processed at the newly opened Materials Recycling Facility in Dallas. Visit www.fcc.es to learn more.

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