Orbia Advance Corporation Announces CFO Departure

MEXICO CITY--(BUSINESS WIRE)--Orbia Advance Corporation, S.A.B. de C.V. (BMV: ORBIA*) (“the Company” or “Orbia”), a global leader in specialty products, advanced materials and innovative solutions for building and infrastructure, precision agriculture, health care delivery and data communications, today announced that Edgardo Carlos, Chief Financial Officer, will depart Orbia to pursue other interests. Carlos, who has served as CFO since joining Orbia in August 2019, has agreed to continue in his role through the third quarter of 2021 to support the transition of responsibilities.

“Having worked in close partnership with Edgardo on executing the formative phases of our transformation and growth strategy, I am grateful for his contributions in helping us build a foundation for sustainable and profitable growth,” said Sameer S. Bharadwaj, Chief Executive Officer of Orbia. “On behalf of the entire Orbia team, I want to thank Edgardo for his expertise and leadership over the past two years. We wish him all the best,” added Bharadwaj.

Carlos said, “It has been an honor to work with such an outstanding team to help advance life around the world. I am confident that Orbia’s growth strategy and ongoing transformation will deliver value to all of our stakeholders under the leadership of Sameer, just as it already has in 2021.”

Orbia has initiated an active search for Carlos’ permanent replacement.

About Orbia

Orbia is a community of companies united by a shared purpose: to advance life around the world. The Orbia companies have a collective focus on ensuring food security, reducing water scarcity, reinventing the future of cities and homes, connecting communities to data infrastructure and expanding access to health and wellness with advanced materials. Orbia operates in the Polymer Solutions, Building and Infrastructure, Precision Agriculture, Data Communications and Fluorinated Solutions sectors. The Company has commercial activities in more than 110 countries and operations in over 50, with global headquarters in Mexico City, Boston, Amsterdam and Tel Aviv. To learn more, please visit orbia.com.