BMBOY - Grupo Bimbo S.A.B. de C.V. (GRBMF) Q1 2024 Earnings Call Transcript
2024-04-23 05:14:09 ET
Grupo Bimbo, S.A.B. de C.V. (GRBMF)
Q1 2024 Earnings Conference Call
April 22, 2024, 07:00 PM ET
Company Participants
Daniel Servitje - CEO
Diego Gaxiola - CFO
Rafael Pamias - COO
Mark Bendix - EVP North America
Conference Call Participants
Fernanda Olvera - Bank of America
Ben Theurer - Barclays
Alejandro Fuchs - Itau
Renata Cabral - Eleven
Carlos Laboy - HSBC
Felipe Ucros - Scotiabank
Presentation
Operator
Good evening, and welcome to the First Quarter 2024 Grupo Bimbo Results and Conference Call. [Operator Instructions] Please note, this event is being recorded.
I would now like to turn the conference over to Mr. Daniel Servitje, CEO and Chairman of the Board. Please go ahead.
Daniel Servitje
Good afternoon. Thank you very much, Ashley. And everyone, thank you for joining us. Connected on the line today is our CFO, Diego Gaxiola; Rafael Pamias, our current COO and future CEO; and Mark Bendix, Executive Vice President; and several members of our finance team.
After more than 100 calls - , that's incredible - today is my last earnings call. Having just turned 65 years old, and after 43 years of working full time in Grupo Bimbo, I want to take a step forward and have made a decision to pass the CEO baton and become the Executive Chair of Grupo. On top of being the Chairman of the Board, I will continue to be highly involved on all aspects of the strategy and execution of the company. I will focus on our growth strategy, competitiveness and long-term view while promoting the culture and focusing on talent development of generations to come. We will continue to double down on quality, innovation and R&D.
Having said that, we have appointed and the Board has approved Rafael Pamias as the new CEO of the company. He is an excellent operator and strategist with a global vision. I thank Rafa for having accepted this great challenge. And I am sure that he will do a magnificent job in this responsibility, and he has all my support and guidance to accompany him on this new, exciting path....
Grupo Bimbo, S.A.B. de C.V. (GRBMF) Q1 2024 Earnings Call Transcript