Gissa to Change CFO

Mexico’s Grupo Industrial Saltillo has named Jose Antonio Lopez CFO effective Monday. He replaces Arturo D’Acosta, who agreed to step down through “mutual consent.” Lopez comes from the company’s own finance group. The diversified industrial group that makes auto parts, water heaters ceramic tiles and other products revealed last year that faces nearly $150m in counterparty claims on derivatives contracts that it plans to contest. Gissa last month hired external advisers to determine the scope of its financial obligations and its payment capacity, which it plans to reveal during the second half of January.