[3] Zambrano also financed several cultural initiatives across Latin America and chaired, from 1997 to 2012, the board of trustees of the Monterrey Institute of Technology (ITESM), one of the largest private universities in the region.
His grandfather died in a car accident at the age of 50, barely four years after merging his company with Cementos Hidalgo of the Brittingham family, and the Bittingham's longstanding accountant, Jesús Barrera Rodríguez, maneuvered over the Zambranos to overtake control of the business.
[1] To aggravate matters, while Lorenzo was studying high school at Missouri Military Academy, in the United States, his father died and the teenager precipitously found himself responsible for his mother and four younger siblings: Patricio, Hernán, Jorge and Nina.
In his role as CEO, he designed and implemented the strategy that allowed Cemex to grow from a local operation in northern Mexico to one of the leading global building-materials company.
On 28 November 2011 he announced via Twitter that he would not seek re-election as chairman of the board of the Monterrey Institute of Technology (ITESM) citing personal reasons.
0557GT, which finished first overall at the 1956 Tour de France Automobile, earning this specific model its nickname in the process;[19] a 1959 250 GT SWB Berlinetta Competizione, chassis no.
[11] Cemex issued a carefully worded press release reassuring clients and investors that business operations would continue normally and that its board of directors —composed mostly by people with no relation to his family[25]— would elect a successor in the following days.
[2] Back in his country, the president of Mexico, members of the cabinet, businesspeople and cultural promoters expressed their condolences through the media and social networks.