Grupo Bimbo CEO Daniel Servitje Receives International Executive of the Year Award from the Executives' Club of Chicago

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Jun 05, 2013, 03:25 ET

CHICAGO, June 5, 2013 /PRNewswire/ -- Daniel Servitje, Grupo Bimbo CEO, today became the first non-U.S. executive to receive the prestigious International Executive of the Year Award from the Chicago Executives' Club, an organization founded in 1911 that brings together the most important business leaders, academics, government officials, diplomats and philanthropists.

The award was established in 1995 to recognize business leaders who have made exceptional contributions to the global business community. Past recipients have included the chairman and CEO of Microsoft, Bill Gates and the chairman and CEO of IBM Corporation Samuel J. Palmisano.

During the awards ceremony Mr. Servitje discussed the sustained growth of the Bimbo, Marinela and Barcel brands in the United States. These brands serve mainly Mexican and Latino consumers living in the United States and are currently expanding to serve consumers in other markets. Mr. Servitje noted that the brands were first introduced to the U.S. market in Chicago, Los Angeles and Houston and are now expanding nationwide.

This success led Grupo Bimbo to increase the presence of its U.S. operations which have tripled in size in the last five years.

Ilene Gordon, the Chicago Executives' Club Chairman, notes that Mr. Servitje is the first foreign businessperson to receive this prestigious award. "Daniel Servitje is a true global leader; hence, we are very pleased to give him this well-deserved acknowledgement," said Gordon.

About Grupo Bimbo

"2013 United Nations International Year of Water Cooperation"

Grupo Bimbo is the leader in the global baking industry. It has over 124 thousand associates, and in 2011 its sales were 149 thousand, 968 million pesos. It has 150 production plants in 19 different countries, in three continents. It produces over 10 thousand products under more than 100 umbrella brands of acknowledged prestige in categories such as loaf bread, buns and toasted bread. It also has one of the largest distribution networks in Mexico and one of the biggest in the American Continent. Grupo Bimbo shares are traded in the Mexican Stock Exchange (BMV) under the ticker: BIMBO. In 2013 ―the International Year of Water Cooperation, as decreed by the UN― Grupo Bimbo restates its commitment to the vital fluid by implementing actions to responsibly manage water usage in all countries where it is present.

For more information on Grupo Bimbo go to: www.grupobimbo.com.

Find us in Facebook: www.facebook.com/GrupoBimbo and in Twitter: @Grupo_Bimbo.

SOURCE Grupo Bimbo