Mexico City, July 18th, 2024 – Promotora de Hoteles Norte 19, S.A.B. de C.V. (BMV: HCITY) (“Norte 19” or “the Company”), announces the appointment of Leonardo (Leo) Schlesinger Grandi as the new CEO of the Company, effective from Monday, September 2, 2024. Luis Eduardo Barrios Sánchez will continue as Chairman of the Board and Executive President of the Company and will support Leo during the transition process Additionally, Luis will focus on the growth of the Company’s alternate businesses, including selling third-party management contracts, developing and expanding the technology platform, and the management of investor relations.
Mr. Schlesinger is originally from Chile; however, much of his professional career has been spent in the United States, London, Chile, Brazil, and, more recently, in Mexico, where he has been based for the last 17 years. He has worked for multinational companies such as Sun Chemical, Citigroup, and Cigna, as well as well-known Latin American and Mexican companies such as GrupoNueva, Masisa, and Tresalia, where he held senior management positions.
Recently, Mr. Schlesinger has served as CEO of Aliat Universidades, a higher education group with fifty thousand students across twenty-seven campuses and more than 100 access and online centers. The operation of Aliat involved creating a scalable and omnichannel digital platform for more than 16 universities, which were acquired, restructured, and digitized. We believe that his operational, financial, and technological experience is a complement to Norte 19’s new strategy.
Additionally, Leo has participated in boards, including Amanco, Masisa, Tresalia, and KIO Network, as well as in private equity advisory projects with Advent and other funds. With his active engagement in the Mexican business community and extensive experience in finance, we are confident that his leadership will significantly boost the Company’s growth and development.
Mr. Schlesinger holds a Master of Business Administration (MBA) from London Business School and certifications in business administration and management from Harvard and Yale universities.
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Investor Relations Contact Details
Héctor Vázquez
Corporate Finance and IR
Phone: +52 55-5249-8067
E-mail: hvazquez@hotelescity.com