August 30, 2017 / 1:36 AM / a year ago

Mexican bottler and retailer Femsa names Eduardo Padilla next CEO

MEXICO CITY, Aug 29 (Reuters) - Mexican bottler and retailer Fomento Economico Mexicano (Femsa) on Tuesday named veteran executive Eduardo Padilla as the firm’s next chief executive officer effective next year, the company said in a statement.

Padilla, Femsa’s corporate and finance director who has been working for the company for two decades, will take over from outgoing CEO Carlos Salazar on Jan. 1, 2018.

The Monterrey-based company controls the world’s biggest Coke bottler, Coca-Cola Femsa. It also owns Oxxo convenience stores and has a stake in Dutch beer company Heineken NV. (Reporting by David Alire Garcia and Skeky Espejo; Editing by Sandra Maler)

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