78. What Mexico Looks for in a CEO; 2Q Earnings Reveal Consumer Weakness; Casa de Toño Seeks a US$400mn Sale; Lettuce Liability

This week, we speak with Francisco Ruiz Maza, Mexico Country Manager at Russell Reynolds Associates, one of the world’s leading executive search and leadership advisory firms.Francisco explains how Russell Reynolds identifies and evaluates candidates for CEO and board positions in Mexico, what Mexican companies look for in their senior leaders, and how deep Mexico’s C-suite talent bench is. We also discuss the trends reshaping Mexican boards of directors.Before the interview, Eduardo and Damián discuss the week’s business news:* What second-quarter corporate results reveal about Mexico’s economy: a weak consumer, resilient banks and telecoms, strong mining earnings, and pressure on aviation.* La Casa de Toño is reportedly exploring a sale at a valuation above US$400 million. Will potential buyers bite?* What the Taco Bell cyclospora outbreak and its possible link to Mexican rocket lettuce could mean for Mexico’s agricultural exports and food-safety reputation.