Grupo Bimbo Appoints Rafael Pamias as CEO, Daniel Servitje Transitions to Executive Chair

Introduction

Grupo Bimbo announces the elevation of Rafael Pamias from Chief Operating Officer to Chief Executive Officer, effective May 1. This move marks a significant leadership transition for the renowned bakery company.

Leadership Transition

Daniel Servitje, who served as Bimbo’s CEO for 27 years, will assume the role of Executive Chair. In his new capacity, Servitje will focus on strategic decision-making, ensuring alignment with long-term goals and shareholder interests, while Pamias will oversee day-to-day operations.

Enhanced Corporate Governance

Grupo Bimbo emphasizes that these changes are aimed at strengthening corporate governance and strategic oversight. The restructuring reflects the company’s commitment to adapt to the evolving complexities of its growth and expansion trajectory.

Servitje’s Vision

Expressing his rationale behind the transition, Servitje cites his desire to take a step back after 43 years of full-time work. As Executive Chair, he will continue to play a pivotal role in shaping the company’s strategy and execution, with a focus on growth, competitiveness, and talent development.

Pamias’ Commitment

Pamias expresses gratitude for the trust placed in him by the board and Servitje, affirming his dedication to upholding Grupo Bimbo’s legacy of success and sustainable growth. He vows to lead the company with integrity, innovation, and a relentless pursuit of excellence.

Continued Focus on Quality and Innovation

Under Pamias’ leadership, Grupo Bimbo reaffirms its commitment to quality, innovation, and research and development. The company remains steadfast in its mission to deliver superior products while fostering a culture of continuous improvement and talent development.

Conclusion

The appointment of Rafael Pamias as CEO and the transition of Daniel Servitje to Executive Chair mark a new chapter in Grupo Bimbo’s storied history. With a focus on governance, strategy, and talent development, the company is poised to navigate the complexities of the global market and drive sustainable growth for years to come.