Vitro Names New CEO
March 25, 2013

The Board of Directors of Vitro S.A.B. de C.V. has appointed Adrian Sada Cueva as the company's new CEO. He succeeds Huga A. Lara Garcia, who is retiring.

"I congratulate Adrián for the responsibility he is accepting," says Garcia. "I am confident that under his vision and leadership, Vitro will head toward a new and successful stage in its centennial life. I have decided to retire from the organization and submit my resignation to the board, after fulfilling the commitment I undertook since the beginning of my administration to complete the financial restructuring of the company."

Cueva has held the position of president of glass containers since March 2012 and has more than 15 years of experience in the company. Before leading the glass containers business unit, Cueva was vice president of operations and administrative and financial officer of that division. During 2008 and part of 2009, he led Vitro's internal restructuring division. From 2006 to 2008, he was vice president of Vitro Automotive, and before that, he was vice president of Vitro Cristalglass and held several positions in the flat glass business unit.

"I thank the board for this decision and for the trust placed in me," says Cueva. "I believe that the strategic position of our business and the great talent that exists within the organization will allow us to continue generating value for all our stakeholders and to consolidate Vitro as a stronger, more productive, and innovative company."

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