Femsa’s New CEO Launches ‘No-Nonsense’ Outreach to Investors (1)

Fomento Economico Mexicano SAB’s incoming chief executive officer José Antonio Fernández Garza-Lagüera touted his hands-on, “no-nonsense” communication style as he pledged to meet more with investors in an earnings call.

Fernández Garza-Lagüera, who will take the helm of the company on Nov. 1, spoke after Mexico’s top convenience store operator and Coca-Cola bottler saw sales improve in the third quarter, meeting analysts’ expectations with a 9.1% rise in revenue to 214.64 billion pesos ($11.65 billion).

“I like to communicate in a no-nonsense straightforward way, and one thing I can offer you now is a commitment to be in touch ...