Frávega, IOL, Citroën, and N5: May in Corporate Focus — CEO Changes in Local and Multinational Companies

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Grupo Murchison, Junior Achievement Argentina, and Grupo Transatlántica are part of this month’s wave of corporate moves.

May is practically at its doorstep, but between government announcements and various movements, it leaves behind intense activity in the corporate “transfer market.” Several companies, both multinationals and local firms, renewed their executive leadership with strategic moves aimed at consolidating growth, adapting to new challenges, or driving transformation processes. Frávega, IOL InvertirOnline, Citroën, N5, Grupo Transatlántica, Junior Achievement Argentina, and Grupo Murchison were some of the companies that announced changes in their top management, marking a new direction in their respective administrations. Below is a review of the main appointments and the backgrounds of the new key players.

Frávega appoints Nuria Rodríguez as new Chief Operating Officer

Frávega appoints Nuria Rodríguez as new Chief Operating Officer

Frávega announced the incorporation of Nuria Rodríguez as Chief Operating Officer. She will be in charge of managing national and corporate sales, credit, and real estate development.

With more than 25 years of experience at Movistar, where she led operations, planning, and commercial management across Latin America, Rodríguez arrives to strengthen the company’s corporate leadership.

She holds a degree in Business Administration from Universidad de la Marina Mercante and a postgraduate degree from Universidad de San Andrés.

Luis Guastini is the new Chairman of the Board of Junior Achievement Argentina

Luis Guastini is the new Chairman of the Board of Junior Achievement Argentina

Junior Achievement Argentina appointed Luis Guastini, CEO and President of ManpowerGroup Argentina and Director of Talent Solutions for Latin America, as the new Chairman of its Board of Directors until 2027.

With over 27 years of experience in strategic leadership and human capital, Guastini takes on the role with the aim of strengthening the NGO’s mission: preparing and inspiring young people for the world of work, financial education, and entrepreneurship.

Grupo Murchison appoints Alejandro Van Thillo as new CEO within its expansion plan

In line with its growth and institutional strengthening strategy, Grupo Murchison announced the appointment of Alejandro Van Thillo as the company’s new CEO.

With more than 28 years of experience in the group and a solid background in key areas such as port operations, logistics, and international expansion, Van Thillo assumes executive leadership replacing Roberto Murchison, who will continue as Executive Chairman.

This change is part of a process initiated in 2023 to consolidate a more modern and agile organizational structure focused on innovation, sustainable development, and operational excellence.

Damián Vlassich joins IOL Inversiones as Team Leader

Damián Vlassich joins the team at IOL Inversiones, the leading finance broker with 25 years in the market, as Team Leader of the Investment Strategies area, bringing his extensive experience to generate clear, useful financial content and analysis tailored to different investor profiles.

In his new role, he will be responsible for providing investors with detailed analyses delivered in a clear and accessible manner. Additionally, he will develop strategies aligned with various investor profiles, focusing on fostering more informed, responsible, and sustained decisions over time.

N5 appoints Ulises Rocchia as new Chief Technology Officer (CTO)

N5, the multinational company developing software for the financial sector, appointed Ulises Rocchia as the new Chief Technology Officer (CTO) of the organization.

“Considering that AI agents could reach US$47.1 billion by 2030, this appointment is key to strengthening the company’s structure and continuing to add value both in Argentina and regionally,” the company stated.

Citroën appoints Xavier Chardon as CEO to drive its global transformation

Xavier Chardon, CEO de Critroën

Xavier Chardon was named CEO of Citroën and will join the company starting June 2, 2025. He will report to Jean-Philippe Imparato, Chief Operating Officer of Stellantis for Greater Europe.

“Xavier Chardon will continue the momentum initiated by the brand in recent months,” the company said in a statement. It added: “With solid international experience and deep knowledge of the Citroën brand, to which he has dedicated nearly 20 years of his career, Xavier Chardon’s mission will be to leverage the company’s recent successes and accelerate the brand’s transformation in a rapidly changing automotive landscape.”

Grupo Transatlántica bets on international banking with the incorporation of Yuri Scavone

Yuri Scavone, a cargo de la banca internacional de Grupo Transatlántica

With the support of important strategic partners in Uruguay and the United States, Grupo Transatlántica completes its menu of financial products for individuals and companies. Yuri Scavone is the professional appointed to lead this development.

“Yuri knows the market perfectly thanks to his training and career in top-tier banks, so we consider him an excellent addition to boost Grupo Transatlántica’s business,” said the company’s president, Horacio Angeli.

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