We learned today that Lorenzo H Zambrano died in Madrid. He was 70 and I’m not familiar with the details of his death.
Mr Zambrano was one of the most successful businessmen in Latin America, as his obituary indicates:
“Lorenzo Hormisdas Zambrano Treviño was born on March 27, 1944, in Monterrey, where his grandfather founded what would become Cemex in 1906. He studied engineering at the Monterrey Institute of Technology and Higher Education, and earned a master’s degree in business administration at Stanford University before joining Cemex in 1968.In 1985, he became the company’s chief executive and in 1995, he added the role of chairman. He held both posts at his death.”
He was a dynamic businessman and ahead of his time:
“Beginning in 1992, Mr. Zambrano bought up far-flung producers to create the third-largest cement company in the world. He remade each new acquisition, introducing high technology and logistical efficiencies that made Cemex the subject of business school case studies at Harvard and the Massachusetts Institute of Technology.From his own computer Mr. Zambrano could monitor any Cemex operation in more than 50 countries, said Rossana Fuentes-Berain, a Mexican journalist who wrote a 2007 book about Mr. Zambrano, “Grey Gold.”What distinguished him was “the technology, the management and the hunger to prove that you can be as good as anybody in the market,” Ms. Fuentes-Berain said.”
A great story to say the least!
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