Grupo Bimbo Announces CEO Changes, Effective May 1, 2024
April 18, 2024
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Grupo Bimbo has appointed chief operating officer Rafael Pamias as its new CEO. Pamias will start in the new role from 1 May 2024, succeeding Daniel Servitje, who has been Bimbo's CEO since 1997. Servitje will take up the newly-created position of executive chair.
Pamias, who currently holds the COO and CSO positions at Bimbo, has more than 35 years of experience as a business executive. He joined Bimbo in 2017 from Danone, where he had been a regional general manager roles across the company's dairy and bottled-water businesses.
Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. The Company focuses on the manufacture, distribution and sale of bread, breakfast bread muffins and bagels, frozen bread, cakes and smaller cakes, sweet and non-sweet cookies, tortillas, pita bread, pizza bread, tostadas and tortillas, snacks, salads and candies, among others. Its segments comprise Mexico; North America, including the United States and Canada; Organization Latinamerica (OLA), including Central and South America, and Europe. The Company operates in over 20 countries and has approximately 100 brands. The Company offers over 10,000 products under various brand names, such as Bimbo, Barcel, Sara Lee, Oroweat, Marinela, Arnold, Entenmann's, Ricolino, Dempster' and Thomas'. It operates through Groupe Adghal.