SOURCE: Business News Americas

March 13, 2008 08:00 ET

TEN Business Magazine, a Publication of Business News Americas, Has Selected the Top TEN CEOs of Latin American Business in 2007

In Addition, the 2008 Issue of TEN Rates the 10 Stand-Out Companies of 2007 in Each of the Five Most Important Investment Sectors in the Region

SANTIAGO, CHILE--(Marketwire - March 13, 2008) - -- Business News Americas, the leader of business news in Latin American with over 12 years of experience on the market, has published TEN Magazine for the second consecutive year, along with its Hall of Fame for business deals throughout Latin America.

Hall of Fame: After taking an in-depth look at the performance of hundreds of companies, their future projections and the influence they wield in the realm of Latin American business, the BNamericas team chose the 10 most prominent faces in the corporate world for 2008. They are leaders and business professionals who, with imagination and innovation, change the business world in which they participate and alter the corporate map in the region. A few of the executives included in the Hall of Fame are:

Eike Batista, Mr. X himself, the Brazilian entrepreneur focused on multiplying the value of his companies, is a man who embodies the creative and daring spirit of capitalism. The story of his mining venture, MMX, between 2006 and 2008 is a case that has earned a spot in the textbooks of Latin American business history.

Antonio del Ruiz Valle, the Mexican investment banker who took the wheel at Mexichem, has transformed the company into one of the most dynamic and important petrochemical firms in all of Latin America.

Javier Gutiérrez, the capable Colombian executive who, after reinventing electric transmission company Grupo ISA and shaping it into a compelling presence in the region, is using the same formula with Ecopetrol, Colombia's state oil company.

Marcelo Awad, CEO of Chilean miner Antofagasta Minerals, has transformed the operation into one of the most efficient companies on the planet.

Rankings: The TEN rankings focus on companies with the most impact on business, independent of size. A few of the companies included in this year's Rankings are:

Vale's Brazilian operations, for an aggressive growth strategy that has established the company as one of the largest miners in the world.

Ecopetrol, for innovative engineering and a successful debut of its shares on a public market.

Chinese company Huawei, which has faced off with traditional telecommunications equipment giants to conquer a major part of the Latin American market.

OHL, the Spanish construction firm that has become one of Latin America's largest highway concessionaires.

To read the latest copy of TEN Magazine, visit or contact Business News Americas ( by calling us in Chile at +56-2-941-0300 or emailing:

Contact Information