CFE Names CEO

Mexico’s government has named Antonio Vivanco as CEO of state-owned utility CFE. He replaces Alfredo Ayub, who is leaving after 12 years for health reasons. The move follows a month-long transition in which Vivanco was deputy CEO. Vivanco was most recently chief aide to President Felipe Calderon, and has worked in Mexico’s finance ministry, as well as in the private sector for consultants McKinsey.