Mexichem appoints President of its Fluent Business Group

Mexichem, S.A.B. de C.V. has announced that, as part of its strategy to consolidate Mexichem’s Leadership Team, the Company has appointed Paresh Chari as President Fluent Business Group. Mr. Chari is currently President of Mexichem USA and Fluent Systems Datacom and Infrastructure.

In his new role, Mr. Chari will further the consolidation of Mexichem’s global Fluent businesses, with the objectives of increasing revenue and operating synergies across regions and expanding the Fluent product portfolio in new markets, where Mexichem has existing operations.

The Presidents of Fluent Latin America, Víctor Aguilera, and Fluent Europe, Maarten Roef, will report directly to Paresh Chari who will then report directly to Antonio Carrillo, Mexichem’s CEO.

For the trailing twelve months ended 30 September 2015 before eliminations, the Fluent Business Group accounted for approximately 54% of Mexichem’s total revenue and 43% of its EBITDA.

Mr. Chari has significant experience in both U.S. and international operations. During his 20 year tenure at Dura-Line, he was responsible for the Company’s substantial expansion.

Edited from press release by Angharad Lock

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