June 25, 2019 / 10:59 PM / a month ago

Mexican steelmaker AHMSA appoints interim CEO

MEXICO CITY, June 25 (Reuters) - Mexican steelmaker Altos Hornos de Mexico (AHMSA) said in a statement on Tuesday that the company’s board had appointed James Pignatelli as interim CEO and had agreed a revamp of the operating plan for this year.

Last month, Alonso Ancira, the chairman of AHMSA, was arrested in Spain during a push by the Mexican government to investigate historical allegations of corruption inside Mexican state oil company Petroleos Mexicanos (Pemex).

Ancira - whom Mexican media has said has rejected any involvement in corruption schemes - would remain chairman of the board, AHMSA said.

Writing by Dave Graham Editing by Daniel Flynn

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