SOURCE: Institutional Investor

Institutional Investor

August 20, 2013 09:00 ET

Brazil's CCR Is Named Most Honored Company in Latin America, in Institutional Investor's Latin America Executive Team Ranking

NEW YORK, NY--(Marketwired - Aug 20, 2013) - Highway operator's management wins top ranking in Institutional Investor's 2013 Latin America Executive Team.

CCR, the Brazilian highway operator, has the most highly regarded executive management among Latin American companies, ranking just ahead of Lojas Renner, owner of the country's largest department store chain, according to Institutional Investor's 2013 Latin America Executive Team.

CCR's chief executive officer, Renato Alves Vale, and its chief financial officer, Arthur Piotto Filho, are rated as the best in their sector by buy- and sell-side analysts surveyed by II, while the company's investor relations team also wins top marks. That performance makes CCR the Most Honored company in the Latin America Executive Team. In the No. 2 spot is Lojas Renner, whose CEO José Galló and CFO Adalberto Pereira dos Santos also are named as the best in their sectors, as is the company's IR team.

Kroton Educacional, a major Brazilian operator of private schools and universities, ranks third on the Most Honored list, followed by Cosan, a Brazilian ethanol producer, and Cemex, the Mexican cement maker.

Brazilian companies lead the ranking with 65 companies on the Most Honored table, followed by Mexico with 17 companies. Other Most Honored companies include Cemex, the Mexican global building materials leader, Sociedad Química y Minera de Chile, a Chilean producer of industrial chemicals and plant nutrition products; Copa Holdings, a Panamanian airline; Cementos Pacasmayo, a Peruvian cement producer; Grupo Financiero Banorte, Mexico's largest locally controlled financial group; and Cresud, an Argentinian producer of grain, oilseeds and beef.

The 2013 Latin America Executive Team is based on the votes of 395 money managers and investment professionals and 417 analysts from sell-side firms. An in-depth feature article profiling the 2013 Latin America Executive team will be published in the November 2013 issue of Institutional Investor magazine as well as online at www.institutionalinvestor.com.

For more information about this ranking, please contact Michele Luthin at michele.luthin@institutionalinvestor.com or +1 (212) 224-3360.

About Institutional Investor

Now entering its fifth decade, Institutional Investor has consistently distinguished itself among the world's foremost financial publications with groundbreaking journalism and incisive writing that provides essential intelligence for a global audience. In addition, Institutional Investor offers a host of proprietary research and rankings that serve as respected industry benchmarks. For more information please visit www.institutionalinvestor.com.