Cementos Pacasmayo Announces Major Board Reshuffle Following Holcim Acquisition
CPAC sits 87% above its 52-week low of $5.1 on elevated volume (1.9× avg).
Summary
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.
Key Events · Executive and Board Changes · CPAC
-
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.
Analysis · CPAC · Manufacturing
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.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CPAC was trading at $9.53 on NYSE in the Manufacturing sector, with a market capitalization of approximately $893.3M. The 52-week trading range was $5.10 to $11.50. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.