Cementos Pacasmayo Announces Major Board Reshuffle Following Holcim Acquisition

summarizeSummary

Cementos Pacasmayo S.A.A. announced significant changes to its Board of Directors, including the departure of two Hochschild family members and the appointment of new directors, Chairman, and Vice Chairman, following the recent authorization of Holcim's controlling stake acquisition.

check_boxKey Events

• Key Directors Depart

  Ana Sofia Hochschild Correa and Eduardo Hochschild Beeck ceased to serve as Directors, effective March 30, 2026.

• New Directors Appointed

  Simon Rolf Kronenberg and Santiago Maria Ojea Quintana were appointed as new Directors, effective March 30, 2026.

• New Chairman and Vice Chairman

  Humberto Reynaldo Nadal del Carpio was appointed Chairman of the Board, and Jose Raimundo Morales Dasso was appointed Vice Chairman, effective March 30, 2026.

• Governance Shift Post-Acquisition

  These board changes follow the Peruvian antitrust authority's authorization on March 23, 2026, for Holcim Ltd.'s acquisition of a 50.01% controlling stake in Cementos Pacasmayo S.A.A.

auto_awesomeAnalysis

This filing confirms a significant shift in corporate governance at Cementos Pacasmayo, directly resulting from Holcim Ltd.'s recently authorized acquisition of a 50.01% controlling stake. The departure of Ana Sofia Hochschild Correa and Eduardo Hochschild Beeck, likely representing the former controlling family, and the appointment of new directors, along with a new Chairman and Vice Chairman, signals the integration of Holcim's influence and a new strategic direction for the company. Investors should monitor future strategic announcements and operational changes under the new leadership.